Timemaps 3.3 is all about...Compound Interest!
Compound Interest is a method of calculating the interest for finanial transaction where the interest becomes a part os the finiancial principal after it is calculated. a bank is a finiancial institution that deals in the exchange of money and provides services to their customers. A compound cosists of two or more componets. A compounding period is the length between compound interst calculation. the compounding period will typically be anual, quartley, monthly, or daily.
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