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compound interest (E4)<br />Cumulative interest paid on both the original amount lent and subsequent interest which is added to the PRINCIPAL. If the total accumulation period is long, the total sum becomes immense compared with the original sum. Not surprisingly, Keynes asserted that 'there is no more powerful force than compound interest'.
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<strong>Web loan delivery product</strong> – An online system that allows schools, borrowers, and/or lenders to inquire on loans or borrowers, submit change transactions, manage files, and guarantee new loans via the internet. The MDHE' s product is called MODEL Direct.
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