Appreciation, depreciation and compound interest can all be calculated using the multiplier method. Practice your understanding of with this National 5 Maths quiz.
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It is often said that compound interest is the eighth wonder of finance. The compound interest calculator is a quick method of estimating the future compounded value of an investment over a period of ...
Compound interest is a favorable method of compensating lenders and depositors wherein interest is periodically credited to the principal, and subsequent interest is paid on the increasing balance.