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The opposite of the word interest would be indifference or boredom.
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∙ 10y ago
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Compound interest is interest paid on interest previously earned?
yes
Is the interest accrued on a student loan simple or compound interest?
its compound interest
Does the amount of interest earned each year increase decrease or stay the same in a simple interest account What about in a compound interest account?
Simple interest: stays the same. Compound interest: increases.
What does compound interest mean?
compounding of interest refers to the action wherein, the interest paid to us over a period of time would increase gradually.Ex: Lets say you invest Rs. 10000/- at 10% per annum which is compounded every quarter.So interest for first quarter: Rs. 250/-Principal at the end of first quarter: 10,250/-Interest for second quarter: Rs. 256.25/-Principal at the end of second quarter: 10,506.25/-the increase in interest in the second quarter is because, the interest paid during the first quarter is also considered for interest payment in the second quarter. So, even though the principal amount we invested remains the same the interest varies because of compounding of interest.The shorter the compounding period, greater is the interest earned.Simple interest is to charge interest on the principle amount.compound interest is the interest calculated on the simple interest!
Is simple or compound interest faster?
Calculation of simple interest is faster in comparison to compound interest. In the latter, interest is added up with the principal amount and interest is charged on that added amount in the next period calculation.
What is opposit of because?
Why
What is the opposit of softly?
Hard
What is the opposit of spendthrift?
Miser!
What is the opposit of later?
Latter
What is the opposit of take off?
are you seli
What is opposite of stones?
stone opposit
What is the opposite of stone?
stone opposit
What is the opposit of the word prove?
Disprove.
Opposit of that?
There are no words in the thesaurus for the opposite of that.
What the opposit of situation word?
environment
What word is Natural word opposit?
rain
How points can opposit rays have in common?
One
