Examlex
Suppose your bank opens up a dozen more branches throughout the city, making it much easier to find an ATM. What happens to the demand and supply curves for this network as it expands?
Deposit
A deposit is a sum of money placed into an account or given to a party as security for a financial transaction, which can be withdrawn or used at a later date.
Months
Units of time used in calendars that approximate the natural period of the lunar month; usually considered to be about 30 days long.
Future Value
An asset or cash's value on a particular date in the future, matching the value of a specified amount now.
Interest Rate
The percentage of an amount of money charged for its use over a specified period.
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