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Business Studies - Coggle Diagram

- - - - the interest rate that large commercial banks charge on loans and products held by their customers with the highest credit rating
    - - refers to the principle that when you save money, as well as earning interest on the savings, you also earn interest on the interest itself
    - - the interest rate used to determine the present value of future cash flows in a discounted cash flow analysis
    - - a measure of the interest rate plus the additional fees charged with the loan
    - - an unchanging rate charged on a liability, such as a loan or a mortgage
  - - - Traditional saving accounts
      - High Yield saving account
      - Money Market account
      - CD account
      - Speciality saving account
      - Cash management account
    - - Post Office
      - Credit union
      - Any bank
      - Any saving company
      - Revolut