It Depends. Some banks compound the interest on term deposits while some do not. The best place to find that out is in the application/opening form for the term deposit that you fill in when you open your term deposit. You can even ask the customer care representative who is helping you open the term deposit about the compounding.
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S=P(1+r)^n
you can use a compound sentence when i say so (by joe)
Interest is earned or paid for the use of money
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No. The number 17 pre-dates the use of "teen" as a separate term.