Capital: Compound Interest
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Capital: Compound Interest

Price
Free
Category
Finance Business
Last update
Dec 01, 2019
Publisher
Dmitriy Antoniuk Contact publisher
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Description

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Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

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