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If the nominal interest rate is higher than the inflation rate, the value of your savings:
Perpetuity
A type of annuity that pays an infinite series of cash flows, with the first payment occurring one period from now, indefinitely into the future.
Future Value Factor
A multiplier used to calculate the estimated future value of a current investment or cash flow at a specified rate of return.
Cash Flows
The entire amount of funds transferred into and out of an entity, impacting its liquidity.
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