What is a compound interest?, Compound interest is the addition of interest to the principal sum of a loan or deposit, Compound interest is a quick and easy method of calculating the interest charge on a loan, what is the factor of the compound amount of one monetary unit ?, an is, az hs, Which of the following describes CI?, Calculated from the principal at the end of the period, Calculated from the amount at the end of each period, Which of the following describes SI, Principal is fixed throughout the investment period, Principal is increasing throughout the investment period, What does P stands for in a formula?, principal, number of period, What is the formula of compound amount?, A = P (1+r―n )nt, A = P (1+r―e)nt

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