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What was the mechanical philosophy?
Deposit
A sum of money placed or kept in a bank account, usually to gain interest.
Savings Account
A deposit account held at a bank or institution that pays interest but typically has limitations on how often withdrawals can be made.
Interest
The expense involved in obtaining a loan, conventionally denoted as an annual percentage rate.
Retirement Account
A financial arrangement designed to replace employment income upon retirement, often offering tax benefits to encourage saving for the retirement years.
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