Compounding
The addition of interest to a loan (or returns to an investment) to give a higher base amount which attracts yet more interest (or returns) in the next period.
« Back to Glossary Indexby Mike Rawson ·
The addition of interest to a loan (or returns to an investment) to give a higher base amount which attracts yet more interest (or returns) in the next period.
« Back to Glossary Index
by Mike Rawson · Published May 12, 2021
by Mike Rawson · Published May 18, 2017 · Last modified June 19, 2020
by Mike Rawson · Published August 1, 2016 · Last modified January 25, 2017
More
Lots of times you have to pretend to join a parade in which you’re not really interested in order to get where you’re going.