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What Is Compound Interest | Vpedia - Empowering knowledge sharing

What Is Compound Interest | Vpedia - Empowering knowledge sharing

Compound interest is the interest earned on both the initial principal sum and any accrued interest over time, resulting from the reinvestment or retention of i

Overview

Compound interest is the interest earned on both the initial principal sum and any accrued interest over time, resulting from the reinvestment or retention of interest that would otherwise be paid out.