noun
a mathematical factor used to calculate the future value of an investment based on the rate of return and the number of compounding periods
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The accumulation factor is used in finance to calculate the future value of an investment.
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If you want to know how much your money will grow over time, you need to consider the accumulation factor.
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The accumulation factor is like the magic number that tells you how much your money will multiply.
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Just like a snowball rolling down a hill, the accumulation factor helps your investment grow bigger and bigger.