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Compound Interest
Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
Desired Rate
The target interest rate set by an organization or individual for investment or financial returns, often guiding financial decisions and strategies.
Cash Payback Period
The time frame it takes for an investment to generate an amount of cash flow to recover its initial cost.
Straight-Line Depreciation
A method of calculating the depreciation of an asset where the cost is evenly allocated over its useful life.
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