Examlex
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Future Value
The value of an asset or amount of money at a specified future date, taking into account variables such as interest rates or returns on investment.
Interest
The fee associated with the opportunity to borrow capital, often specified in terms of an annual percentage rate.
Future Value
The predicted amount of money that a current investment will grow to at a certain future date, based on an assumed rate of growth or interest rate.
Interest
Interest is the charge for the privilege of borrowing money, typically expressed as an annual percentage rate.
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