as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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what is the principle of the conservation of energy?
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the principle of conservation of energy states that energy can neither be created nor destroyed, but can only be transformed from one form to another. this means that the total amount of energy in a closed system remains the same.
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