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comopound
Accumulated or compound interest is calculated by adding interest to both the principal and any interest accumulated up to the point of the calculation.
Compound interest increases the amount earned by adding credited interest to the principal, and interest will then be earned on that money as well. The longer the principal and interest remain in the account, the greater the earnings they will accrue.
It is the arithmetic mean or average.
The century is calculated by dropping the last two digits and adding 1 to what's left. 1665 -> 1665 -> 16 -> +1 -> 17th Century
Compound
Compound
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compound... yes it is compound interest.
Accumulated or compound interest is calculated by adding interest to both the principal and any interest accumulated up to the point of the calculation.
Compound interest
Adding the interest to the original deposit accelerates the deposited value.
Continuous compounding is the process of calculating interest and adding it to existing principal and interest at infinitely short time intervals. When interest is added to the principal, compound interest arise.
Compound interest increases the amount earned by adding credited interest to the principal, and interest will then be earned on that money as well. The longer the principal and interest remain in the account, the greater the earnings they will accrue.
capitalization. Capitalization is when all unpaid interest is added to the principal balance of your loan. Capitalization increases your total amount to be repaid because you will then have to pay interest on the increased principal amount.