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Compound in interest rates is as thus, compounded monthly means,if you get 3 cents interest this month, next month it compounds to 6 cents and so on! The next month 12 cents, depending on your financial institution and the rise and fall of interest rates.

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David Miller

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2mo ago
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Wiki User

15y ago

As a verb, it means to make something more than it is by adding more of something else. The accent is on the second syllable. As a noun, it means a substance which has one or more other substances added. The accent is on the first syllable.

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Q: What does the word compound means?
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