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Jake is charged with embezzlement.Embezzlement is not robbery because embezzlement may be committed without
Compounded Daily
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, with the compound frequency being every day.
Federal Deposit Insurance Corporation
A U.S. government agency that insures deposits in banks and thrift institutions for at least $250,000 per depositor, per bank.
Compounded Monthly
The process of calculating interest on both the initial principal and the accumulated interest from previous periods, applied on a monthly basis.
Check Register
A record of all checks written, deposits made, and balances in a checking account, used for managing finances.
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