Definitions
There is 1 meaning of the phrase
Compound Interest.
Compound Interest - as a noun
Interest calculated on both the principal and the accrued interest
Example Sentences
"When comparing different financial products, it's important to consider the effects of compound interest."
"The power of compound interest allows savings accounts to grow significantly over time."
"One should start saving early to take full advantage of the benefits of compound interest."
"The longer the investment period, the greater the impact of compound interest."
"To fully understand the returns on an investment, one must consider both principal and compound interest."
