accumulation factor
noun
: the factor (1 + r) n by which any principal must be multiplied to give its amount at compound interest after n periods, r being the interest for one period
the accumulation factor for 10 years at 6 percent compounded quarterly is (1.015)40
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“Accumulation factor.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/accumulation%20factor. Accessed 29 Nov. 2024.
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