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compound interest |
Also found in: Legal, Financial, Wikipedia | 0.08 sec. |
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 instance, if the annual rate of discount is 11 percent, its continuous compounding equivalent is 10. Turnkey, custom-engineered batch or continuous compounding lines can be provided complete with upstream and downstream support equipment and customized automation. A similar set of experiments was conducted with the continuous compounding operation of twin screw extrusion. |
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