Smart Ways To Take Benefit Of Compound Interest

22/11/2021 Financial & Legal Services

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What is Compound interest? The concept of compound interest, or 'interest on interest', is that accumulated interest is added back onto your principal sum, with future interest calculations being carried out on the total of both the original principal and already-accrued interest. Compound interest is the phenomenon that allows seemingly small amounts of money to grow into large amounts over time.

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