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Simple Interest
Interest calculated only on the principal amount, without compounding over time.
Discount Rate
The interest rate charged to commercial banks and other financial institutions for loans received from the Federal Reserve's discount window.
Future Value
The value of an investment at a specific date in the future, accounting for factors like interest or dividends.
Future Value
The value of a current asset at a specified date in the future based on an assumed rate of growth or interest.
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