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| intrest computed only on the princpal |
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| Interest figured on money deposited plus interest |
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Definition
| A method used to estimate the amount of time or interest it will take for savings to double in value |
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Definition
| Earnings that are free of certain taxes |
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Definition
| Savings or earning that are not taxed until thefunds are withdrawn |
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Definition
| The rate of yearly earnings from an account, including compound interest |
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Definition
| Money deposited for a set period of time that earns a set annual rate of interest |
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Term
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Definition
| A savings tool that loans money to the U.S gov. for a specified period of time. The bondholder is repaid with interest at the time maturity. |
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