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What best describes the leader-follower relationship?
Compounded Annually
A method of calculating interest where the interest earned each year is added to the principal, and in the next year, interest is earned on the new principal sum.
Lump Sum
A singular transaction carried out at a specific point in time, as opposed to a sequence of smaller installments.
Savings
Money set aside for future use, often accumulating interest in a financial institution.
Rate of Return
The profit or deficit generated from an investment over an indicated time frame, shown as a ratio of the investment's initial cost.
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