How To Use Compound interest In A Sentence
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Present-value calculations provide a simple means of quantifying this time value of money by using the reciprocal of the compound interest formula.
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The bank rate, which garners much attention as an indicator of the health and direction of the economy, is a compound interest rate.
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Calculators and Personal Computers Very few people actually use compound interest and present-value tables to solve time value of money problems.
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The discounting calculation is the reverse of the compound interest calculation.
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The film starts well with an amusing scene in some dusty outback schoolroom where a class of dazed children listen to a middle-aged bank manager wax about the wonders of compound interest.
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The quicksand of compound interest is real.
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The current three-year issue pays a compound interest rate of 1.05% over inflation.
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Where is my money and the compound interest that will have accrued over that time?
Times, Sunday Times
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You can also try putting a few numbers into our compound interest calculator.
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Even relatively inexpensive hand-held calculators solve most compound interest and present-value problems quickly and easily.
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The discounting calculation is the reverse of the compound interest calculation.
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Albert Einstein once quipped that the greatest mathematical discovery of all time is compound interest.
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Effectively, their Lordships' decision enables banks to charge compound interest even at the penalty rate chargeable upon the customer's default.
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Taxpayers, however, run into problems because of the city's high compound interest rate applied to unpaid amounts - a steep 18 per cent a year.
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So should we all assume a lower growth rate when playing with our compound interest calculators?
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The arithmetic of compound interest is such that delays in making contributions to trust funds tend to be quite costly.
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As simplistic as this may sound, she instinctively understands the power of compound interest.
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The European traveller from the States, who is not a Croesus, speedily finds himself reduced to a chronic state of self-conscious sordidness by the hordes of cringing robbers who clutter his steps from dawn till dark, and deplete his pocket-book in a way that puts compound interest to the blush.
THE DESCENT
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After all, it's silly to spend $300 billion today when, after compound interest, it will be worth $500 billion in a few decades.
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But I will benefit from the wonder of compound interest.
Times, Sunday Times
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All that the villagers are expected to do is to make a recurring deposit of Rs.10 per month so that they could avail themselves of the benefit of half-yearly compound interest and obtain up to Rs.750 at the end of five years.
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Thanks to the power of compound interest, the longer that you invest, the greater your gain.
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Some experimentation with our compound interest calculators can then show you how your investment plans are bearing up.
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Compound interest is no longer commonly thought to be usurious or to involve prohibitively complex calculations.
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Under private accounts, saving at younger ages counts more than saving at older ages because early savings have more years to accumulate compound interest.
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Trade deficits need to be financed and it is simply impossible to borrow enough to keep up with compound interest.
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This is where compound interest calculators can be so useful, provided you don't get carried away with outlandish annual growth rates.
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The municipality's greatest act of cruelty was to sit and do nothing as a few unpaid tax bills were driven sky-high by compound interest.
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Our next step was to show that discounting is a process of compound interest.
Principles of Corporate Finance
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The present-value formula may be derived directly from the compound interest formula.
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The effect of compound interest, Einstein's ‘eighth wonder of the world’, can also be seen.
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One easy way to use interest to your advantage is to understand and apply the magic of compound interest.
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As previously indicated, the present-value factors are nothing more than the reciprocal of the compound interest factors introduced earlier.
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Where is my money and the compound interest that will have accrued over that time?
Times, Sunday Times
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Compound interest and present-value tables have rapidly become anachronisms.
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But the precise figure would be 10.7 per cent because of the effect of compound interest.
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The present-value formula may be derived directly from the compound interest formula.
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Our next step was to show that discounting is a process of compound interest.
Principles of Corporate Finance
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They drew up multiplication tables and tables of reciprocals, squares, cubes and exponentials, and used them to calculate compound interest and mortgage repayments.
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Given the power of compound interest and plenty of patience, even people on a modest income can become much richer.
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Because ultimately, you know, the miracle of compound interest becomes a nightmare.
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The main problem with the simple yield to maturity, though, is that it does not take into account compound interest.
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With arrangement and admin fees this amounts to a compound interest of 18%.
Times, Sunday Times
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That is 50 a year plus compound interest that would otherwise end up in retirement pots.
Times, Sunday Times
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And why not take advantage of compound interest while you're at it?
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Present-value calculations provide a simple means of quantifying this time value of money by using the reciprocal of the compound interest formula.
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The wolfish landlord used this chance to demand the usurious compound interest of 50% for three years.
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For the hero of Mark Twain's story things came a relatively easily, but the rest of us must rely on the ‘miracle’ of compound interest.
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You can borrow my brother's calculator to compute the compound interest if you need it.
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The discounting calculation is the reverse of the compound interest calculation.
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But I will benefit from the wonder of compound interest.
Times, Sunday Times
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The European traveller from the States, who is not a Croesus, speedily finds himself reduced to a chronic state of self-conscious sordidness by the hordes of cringing robbers who clutter his steps from dawn till dark, and deplete his pocket-book in a way that puts compound interest to the blush.
THE DESCENT
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But the precise figure would be 10.7 per cent because of the effect of compound interest.
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Our next step was to show that discounting is a process of compound interest.
Principles of Corporate Finance
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Concepts such as dollar cost averaging and compound interest are way beyond the ken of your average punter because they're never explained in the popular press.
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There is an important distinction between compound interest and simple interest.
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The arithmetic of compound interest is such that delays in making contributions to trust funds tend to be quite costly.
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Even relatively inexpensive hand-held calculators solve most compound interest and present-value problems quickly and easily.
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As previously indicated, the present-value factors are nothing more than the reciprocal of the compound interest factors introduced earlier.
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But I will benefit from the wonder of compound interest.
Times, Sunday Times
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The current three-year issue pays a compound interest rate of 1.05 % over inflation.
