![]() (or the advanced formula with annual additions),Īs well as a calculator for periodic and continuous compounding. ![]() See How Finance Works for the compound interest formula, It also accounts for the effects of inflation,Īnd the importance of paying down your debt. It is the basis of everything from a personal savings plan to the long term growth of the stock market. ![]() ![]() Compound interest - meaning that the interest you earn each year is added to your principal, so that the balance doesn't merely grow, it grows at an increasing rate - is one of the most useful concepts in finance. Amazon.in - Buy McGraw-Hills Compound Interest Annuity Tables book online at best prices in India on Amazon.in. ![]()
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