Examlex
Research indicates that child care has negative affects:
Compounded Continuously
Compounded continuously refers to the calculation of interest earned on an investment or loan where the interest is added perpetually at every possible moment, following the formula \(A = Pe^{rt}\), where \(A\) is the amount, \(P\) the principal, \(r\) the rate, and \(t\) the time.
Saving Account
A type of bank account where money is deposited to earn interest over time.
Decimal Places
The tally of numbers present right of the decimal point in a given number.
Annual Interest Rate
The percentage rate charged or paid over a period of one year for a loan or investment.
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