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_______ involves interaction between people who are part of a close and irreplaceable relationship in which they treat each other as unique individuals.
Compound Value
The future value of an investment, including the principal and the compounded interest over time.
Discount Rate
The interest rate charged to commercial banks and other depository institutions for loans received from the Federal Reserve's discount window. Alternatively, it can represent the rate used to discount future cash flows in present value calculations.
Present Value
The today's worth of future money or cash flow sequences, when a certain rate of return is applied.
Discount Rate
In finance, the discount rate is the interest rate used to determine the present value of future cash flows.
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