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Quant Notes: Compound Interest | The Complete Lesson (Part-2)

Compound Interest Tricks: Results related to Multiple Compounding in a year: In each of the following results, we use the following denotations: A = future value P = principal amount (initial investment) r = annual nominal interest rate n = number of times the interest is compounded per year t …

Compound Interest | The Complete Lesson (Part-1)

What is Compound Interest? Let’s explore the basic concepts for Compound Interest Compound Interest is part of the wider topic of Interest. In the first part of this topic, we learned about Simple Interest. Well, simple interest is not the only interest mechanism used by lenders and borrowers. There is …

Simple Interest | Tips & Tricks To Solve Questions

Calculating simple interest or the amount of principal, the rate, or the time of a loan can seem confusing, but it’s really not that hard! Here are the tips & tricks of how to use the simple interest formula to find one value as long as you know the others. Topics Covered: Simple …