Examlex
There is more than one conceptual view of the database.
Compounded Annually
Interest calculated on the principal and previously accumulated interest once a year.
Compounded Monthly
Interest on an investment is calculated and added to the principal balance every month.
Annual Contributions
Regular payments made into a retirement account, investment fund, or savings plan on a yearly basis.
Compounded Semi-annually
The calculation of interest on the initial investment plus any accumulated interest from previous periods, done twice a year.
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