![]() Unlike simple interest, compound interest grows exponentially (while simple interest grows linearly), making it a common method of earning interest when investing or borrowing money. In other words, it can be seen as "interest on interest" - hence the name compound interest. ![]() Interest that is earned on both the initial principal amount and the interest accrued in previous periods during the investment/loan term is called compound interest. Infusion Rates for Intravenous Piggyback (IVPB) Bag.Prime Factorisation and Least Common Multiple.Learning Math Strategies (Online) Toggle Dropdown.
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