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compound interest |
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compound interestInterest calculated by computing the rate against the original capital plus reinvested interest each time the interest becomes due. When simple interest is calculated, only the interest on the original capital is added. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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For example, the extra taxes from rising tax rates may be offset by a larger amount of accumulated funds in an IRA due to tax-deferred compounding of interest at a higher rate of return. nbsp;on the bank loan as well as the compounding of interest on the Zero Coupon Convertible Subordinated Notes. added section 6622 to the Code, which requires the daily compounding of interest on all amounts accruing after December 31, 1982. |
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