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Capital: Compound Interest

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest

Capital: Compound Interest

by Dmitriy Antoniuk
Capital: Compound Interest
Capital: Compound Interest

What is it about?

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

Capital: Compound Interest

App Details

Version
1.5
Rating
NA
Size
9Mb
Genre
Finance Business
Last updated
October 10, 2018
Release date
June 30, 2018
More info

App Store Description

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

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