These are word's definitions related to interest-compounded-annually. Click on any word to go to its word's detail page. Or, go to the definition of interest-compounded-annually.
0 a method of calculating and adding interest to an investment or loan once a year, rather than for another period:
If you borrow $100,000 at 5% interest compounded annually, after the first year you would owe $5,250 on a principal of $105,000.
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May 10, 2021
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