What is another word for compound interest?

160 synonyms found


[ kˈɒmpa͡ʊnd ˈɪntɹəst], [ kˈɒmpa‍ʊnd ˈɪntɹəst], [ k_ˈɒ_m_p_aʊ_n_d ˈɪ_n_t_ɹ_ə_s_t]

Synonyms for Compound interest:

How to use "Compound interest" in context?

Compound interest is a mathematical phenomenon that allows an increase in earnings over time. It is the result of adding an interest rate on top of an initial interest rate. This process happens continually, and over time, the original amount of money that was put into the investment will grow even larger. It can be a powerful tool for individuals and businesses, as it can lead to substantial gains. It is important to understand how compound interest works, in order to take advantage of it.

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