Compound interest is interest calculated on the initial amount (principal) and also on accumulated interest from previous periods. It's basically "interest on interest", which makes the value grow faster than simple interest.
Compound Interest Formula
M = C \times (1 + i)^t
C: Initial capital.
i: Interest rate (in decimal, e.g. 5% = 0.05).
t: Time (in periods).
Quick Example
Starting capital: R$ 1,000
Interest rate: 5% per month (0.05)
Time: 3 months
Calculation:
1. First month:
2. Second month:
3. Third month:
Result: R$ 1,157.63
This shows how the amount grows faster with compound interest.
There are less than 7 hours left to finish Leave your ID and I will reciprocate One helping the other 🔥 ID: 856051524 Happy New Year and a great year for us 💵
Hi family, let's help each other with the Binance sending campaign, happy new year to all🎉 MY ID: 112587184 Whoever sends it, I'll send it back! Comment your ID 👇🏽 #campanhadeenvio
ATTENTION, last moments of the promotion. Help me and use my ID 112587184 You just need to go in this sequence: Next to 'Deposit' click on: More > Pay > Sending campaign > *choose the option to pay with ID, if you can help me, use my ID. 112587184