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What is the Pineapple express and what effect does it have on California weather?
Compound Interest
Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
No Further Deposits
A condition in financial agreements where an individual is not required or allowed to make additional contributions beyond the initial or specified amounts.
Deposited
Referring to money that has been placed into a financial account for safekeeping or savings.
Time-Value
Refers to the concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.
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