New Course
Concept
Compound Interest
Summary
Compound interest
is the process where the
interest earned
on an investment is reinvested to earn
additional interest
over time, leading to
exponential growth
. It is a powerful
financial concept
that can significantly
increase the value
of investments or debt over
long periods
.
Relevant Degrees
Economic Theory and Concepts 100%
Generate Assignment Link
Lessons
Concepts
Suggested Topics
Foundational Courses
Your Lessons
Your lessons will appear here when you're logged in.
Log In
Sign up
3