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A LITTLE SOMETHING WORTH KNOWING

A small discovery. Yours to pass on.

Everyday LifeOne small ahaFinancial concept

This kind of interest earns interest on earlier interest.

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Everyday LifeOne small aha
Your new ahaCompound Interest

Simple interest is calculated on principal alone; compound interest also uses accumulated interest. Source: Compound interest ↗

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  1. 03This numerical rating uses information from a person's borrowing record to help estimate credit risk.RECALL
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  2. 04This practice plans income and expenses for a future period, then compares actual spending with that plan.RECALL
  3. 05This common type of bank deposit account is designed to hold savings and usually pays interest.RECALL
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