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Future Value Refers to the Amount of Principle Plus Interest

question 175

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Future value refers to the amount of principle plus interest after one or more periods.


Definitions:

One Index

Refers to data structures that start counting their elements at one instead of zero, common in certain programming languages or environments.

Subscript

A notation used to specify an element within an array or list.

Indexed Variable

A variable in a data structure, such as an array, where each element can be directly accessed using its index or key.

Partially Filled

Refers to an array or data structure that is not fully populated with elements, indicating partially used storage.

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