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Category: 1 Crore Challenge

Compound effect

Compound effect in 1 crore challenge

Compound effect in 1 crore challenge Investopedia defines compound interest (or compounding interest) as interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan. Thought to have originated in 17th century Italy, compound interest can be thought of as “interest on interest,” and

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