Compound interest is the process where interest is calculated not just on the initial amount (principal), but also on the interest that has already been added to the account or loan.
A 401(k) is a retirement savings plan that lets you invest a portion of each paycheck before taxes are deducted depending on the type of contributions made.
A market bubble is a self-reinforcing surge in asset prices where valuation becomes detached from the economic fundamentals that justify the price. The AI sector has seen explosive investment and valuation growth, often based on anticipated future returns rather than current earnings.
The Sixth Amendment guarantees fundamental rights to criminal defendants: speedy and public trial, impartial jury, notice of charges, confrontation of witnesses, compulsory process, and legal counsel.
No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner; nor in time of war, but in a manner to be prescribed by law.
