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Compound interest   /kˈɑmpaʊnd ˈɪntrəst/   Listen
Compound interest

noun
1.
Interest calculated on both the principal and the accrued interest.






WordNet 3.0 © 2010 Princeton University








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"Compound interest" Quotes from Famous Books



... old love seemed to have been out at compound interest, from the increment that came back to her at the sound of Harry Glen's voice, now so much deeper, fuller and more masterful than in the fastidious days of yore. She lifted the smallest corner of the wagon-cover and looked out. The barrel heads had been beaten in with stones, and a large cupful ...
— The Red Acorn • John McElroy

... taxes which he proposed, in order to raise the surplus to one million, were an additional duty on ardent spirits, and new duties on certain kinds of timber and perfumery. In making this proposition Pitt showed that he was full of hope for the future. He calculated that the accumulated compound interest of the one million so appropriated, added to the annuities which would fall into the fund, would, in the course of twenty-eight years, leave a surplus of four millions per annum, to be applied, if necessary, to the ...
— The History of England in Three Volumes, Vol.III. - From George III. to Victoria • E. Farr and E. H. Nolan

... you needn't. But there's no blackmail when you only take what belongs to you. The money—the money that made his millions was as much mine as his. I'm going to have my share with compound interest for fifteen years—and ...
— The Vagrant Duke • George Gibbs

... of knowledge by the scientist, as Atalanta's lover the golden apples in his race, to assuage the scent of the hard-headed business man, would be profitable enough for any country in peace or war, to pay for itself ten times over and at compound interest. A volume could be filled with suggestions for interesting and promising investigations. But we may glance at some of the immediately useful aspects that might exercise those concerned with the everyday life of men, ...
— The Glands Regulating Personality • Louis Berman, M.D.

... according to the profits made by the use of it. The profits must always be great where men can afford to take money at the rate of eight and ten per cent. and allow it to remain in their hands upon compound interest. In Carolina labourers on good lands cleared their first cost and charges in a few years, and therefore great was the demand for money in ...
— An Historical Account Of The Rise And Progress Of The Colonies Of South Carolina And Georgia, Volume 2 • Alexander Hewatt


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