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| Interest calculated only on money deposited, not on prior interest earned. |
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| interest calculated on both deposits made and prior interest earned. |
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| simplified way to determine how long an investment will take to double, given a fixed annual rate of interest. |
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| tax-exempt security: a security that is not subject to taxation. |
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| Deferred tax is an accounting concept (also known as future income taxes), meaning a future tax liability or asset, resulting from... |
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| The terms annual percentage of rate (APR), nominal APR, and effective APR (EAR) describe the interest rate for a whole year |
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| Produce or provide (a natural, agricultural, or industrial product). |
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| A certificate issued by a bank to a person depositing money for a specified length of time. |
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| A United States Treasury security is government debt issued by the United States Department of the Treasury |
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