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 November 30, 2021
by Mike Rawson · Published November 13, 2018
by Mike Rawson · Published June 25, 2020
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There are 100 billion stars – fewer than the deficit. They are economical not astronomical numbers.