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Describe the five stages of spoken language development from the first to second birthday.
Reinvested Interest
Reinvested interest is the compounding of interest by adding the payments back to the principal amount instead of paying it out, thereby increasing the total interest earned over time.
Simple Interest
Interest calculated only on the principal amount of a loan or investment, not on any previously earned interest.
Account Balance
The total amount of money present in an account at a given point in time, considering all credits and debits.
Funds
Capital set aside for specific purposes or investments.
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