Compound Interest | Formula and Examples
Compound Interest So compound interest is interest earned on interest. When you add the earned interest back into your principal balance, which then earns you even more interest, compounding your returns. We speak of compound interest when the sum taken into account for the compound interest calculation includes both: The capital (the amount of money … Continue reading Compound Interest | Formula and Examples
Copy and paste this URL into your WordPress site to embed
Copy and paste this code into your site to embed