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If you want your social group to be open to any and all people as new members,you would encourage a
Lump Sum
A large single payment made at a particular time, as opposed to multiple payments made over time.
Rate Of Return
The increase or decrease in value of an investment over a certain period, shown as a percent of the investment's original cost.
Compounded Annually
The process where the interest earned on an investment is reinvested, and future interest payments are calculated on the principal plus previously earned interest.
Ending Balance
The total amount remaining in an account at the conclusion of a reporting period or after a specific transaction has been completed.
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