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Definition
| Interest computed only on the principal. |
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Term
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Definition
| Interest figured on money deposited plus interest. |
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Term
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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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Term
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Definition
| Earnings that are free of certain taxes. |
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Term
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Definition
| Savings or earnings that are not taxed until the funds are withdrawn. |
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Term
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Definition
| the annaual cost of credit a leader charges. |
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Term
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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 u.s. goverment for a specified period of time. |
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