Term
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Definition
| interest paid on the principle. |
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Term
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Definition
| interest calculated on both the principal and the interest. |
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Term
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Definition
| method used to figure out how much time it will take for your money to double. |
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Term
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Definition
| a security that is not subject to taxation. |
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Term
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Definition
| a future tax liability or asset. |
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Term
| annual percentage yield (APY) |
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Definition
| A normalized representation of an interest rate. |
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Term
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Definition
| A certificate issued by a bank to a person depositing money for a specified length of time. |
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Term
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Definition
| fixed rate of interest over a fixed period of time. |
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