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what is capitalization on banking? and got a better answer
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This is the process of bringing all future cash flows to date
This is the process of bringing all future cash flows to date
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At the expiration of the term of the deposit, the interest accrued for that term is added to the amount of the deposit and interest is accrued on the total amount if the contract is renewed.
At the expiration of the term of the deposit, the interest accrued for that term is added to the amount of the deposit and interest is accrued on the total amount if the contract is renewed.