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Rate of Interest
The percentage of the principal amount charged by lenders for the use of their money or paid by banks on deposits over a specified time period.
Doubled
To increase something by 100%, making it twice as large or twice as much in quantity.
Years
Units of time that constitute 365 days (or 366 days in a leap year), commonly used as a measure for time periods in financial calculations.
Annual Growth Rate
The percentage increase in the value of an investment or portfolio over the period of a year.
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