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10 cards from this deck
Return earned for allowing others to use your funds
Increase in investment value over time vs original price
Interest calculated only on original principal amount
Interest calculated on principal + accumulated interest
P × r × t
P × (1 + r)^n - P
Compound earns interest on interest; simple doesn't
Compound interest (over same period and rate)
0.12 (divide by 100)
Each calculation uses larger base (principal + interest)
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