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.
NOVÉ SLOVÁ
European
May 10, 2021
SLOVO DŇA
Shimmer
interest compounded annually
