One person (or organisation) pays interest to another - who earns it.
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With compound interest, after the first period you interest is calculated, not only on the original amount but also on the amount of interest from earlier periods. As to "better" or not, the answer depends on whether you are earning it on savings or paying it on borrowing!
The answer depends on the following factors:whether you are paying it or earning it,what the rate of inflation iswhat your expectations are for the rate of inflation/interest over the duration.
Because there is quite a significant difference between paying $1.79 for something and paying $179 for the same thing.
They may be serial numbers. What are the best paying type of jobs for ABA Paralegals?
If you're collecting it, it's wonderful.If you're paying it, you have my condolences.