Examlex
The concept that "the whole is greater than the sum of its parts" is known as:
Compounded Annually
The calculation of interest on both the initial principal and the accumulated interest from previous periods on a yearly basis.
Yearly Contributions
The total amount of money added to a fund or investment over the course of a year.
Rate of Interest
The percentage of a sum of money charged for its use, often expressed annually.
Compounded Semi-Annually
Interest on an investment or loan calculated twice a year and then added to the principal amount, affecting future interest calculations.
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