page_title: Single deposit
section_title: Real World Example
hierarchical_section_title: Single deposit / Real World Example
caption_attribution_description: English: Single_deposit.png
context_page_description: Single deposit is one-time lump sum investment. The Investment is made at the start of the period; grows over the period and matures at the end of the period. Examples of a single deposit are certificates of deposit or Fixed Deposits.
context_section_description: Ericka has 5,000.00 USD for her daughter's wedding. She may need the money after 4 years. She is planning to invest the money for the period. Her bank offers her an interest rate of 3.50% per annum compounded annually on a new CD (certificate of deposit) that she opens. 
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caption: Single Deposit Performance Chart based on Real World Example
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