Match the appropriate words in the left column to the definitions in the right column.
Definitions:
Deposits
Money placed into a financial institution for safekeeping, which can earn interest over time.
Compounded Monthly
Interest calculation method where the accumulated interest is added to the principal amount every month, allowing the interest in the next month to be calculated on the increased total.
Interest
Interest is the charge for borrowing money, typically expressed as a percentage of the principal amount per year.
Deposits
Funds placed into an account in a bank or other financial institution for safekeeping.
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