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Actual interest earned - PowerPoint PPT Presentation

Compound growth of savings or investments

Compound growth of savings or investments. Interest: definition. A. a sum paid or charged for the use of money or for borrowing money B. such a sum expressed as a percentage of money borrowed to be paid over a given period, usually one year. Source: dictionary.com. Two types of interest.

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Actual interest earned - PowerPoint PPT Presentation

Compound growth of savings or investments