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An Eclipse of the Moon (Lunar Eclipse) as Seen from Earth

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An eclipse of the Moon (lunar eclipse) as seen from Earth, happens when


Definitions:

Bank Balance

The total amount of funds in a bank account at a given moment.

Deposited

Placing money into a financial account or institution for safekeeping or to earn interest.

IRA

Individual Retirement Account, a saving account with tax advantages that individuals can use to save and invest long-term.

Compounded Annually

The process of calculating interest on both the initial principal and the accumulated interest from previous periods once a year.

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