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How have General Motors and Chrysler implemented leaner operations?
Interest Earned
Interest earned is the amount of money gained as interest from savings accounts, investments, or bonds over a certain period.
Annual Rate
the interest rate for a whole year, rather than just a shorter period.
Accrued Interest
The interest on a loan or bond that has accumulated since the principal investment, or since the last interest payment, if there has been one.
Daily Balance
A method of calculating interest where the amount owed or due is recalculated each day, based on the balance of the account at the end of each day.
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