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State Bank agrees to accept a check by setting aside sufficient funds to cover the amount. This check is considered
Package Deal
A bundled offer where multiple products or services are sold together, often at a discounted price compared to purchasing each item separately.
Cost
An amount that must be paid or spent to buy or obtain something, reflecting the expense associated with acquiring or maintaining an asset.
Compounded Annual Rate
The Compounded Annual Growth Rate (CAGR) measures the annual growth rate of an investment over a specified time period, taking into account the effect of compounding.
Savings Account
A bank account that earns interest over time, allowing individuals to save money for future use.
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