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What is the role of the formateur?
Compounded Annually
Interest calculation method where the interest is calculated once per year and added to the principal sum, affecting the calculation of future interest.
Compounded Semi-annually
Interest calculation method where interest is added to the principal twice a year, allowing the interest to grow faster than simple interest.
Savings Plan
A systematic approach to setting aside funds to reach financial goals.
Investments
Funds committed into various financial instruments or assets with the expectation of generating income or profit.
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