ECONOMICS
COMPOUND INTEREST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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This is the term used when money is being added into an account.
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withdrawal
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charge
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deposit
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balance
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Explanation:
Detailed explanation-1: -A deposit is essentially your money that you transfer to another party, such as when you move funds into a checking account at a bank or credit union.
Detailed explanation-2: -A deposit slip can help you transfer funds into your bank account via cash or cheque.
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