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What is a compound interest?
Compound interest is interest calculated on the principal amount invested, which is then added to the principal amount, and compounded again.
Expert answered|andrewpallarca|Points 8593|
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Asked 2/13/2012 1:54:27 PM
Updated 2/15/2017 11:43:09 AM
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This answer has been confirmed as correct and helpful.
Edited by yumdrea [2/15/2017 11:43:06 AM], Confirmed by yumdrea [2/15/2017 11:43:09 AM]
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