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The interest compounding period is the span of time at the end of which savings in a client’s account earn interest. Interest periods may vary; they may be daily, weekly, bi-weekly, monthly, semi-monthly, quarterly, semi-annual or annual.
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The interest compounding period is the span of time at the end of which savings in a client’s account earn interest. Interest periods may vary; they may be daily, weekly, bi-weekly, monthly, semi-monthly, quarterly, semi-annual or annual.
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