Outrageously Funny Word Dictionary :: Recompounding

🔎

What is the definition of recompounding? 🙋

👉 Recompounding is a mathematical operation used to calculate the interest earned on an investment over time. It involves dividing the total amount invested by the number of times that interest is compounded annually, and then multiplying that result by 100 to get the annual percentage yield (APY). This method is often used in finance to determine how much money a borrower should invest in an investment with a higher return rate over a set period of time.


recompounding

https://goldloadingpage.com/word-dictionary/recompounding


Stained Glass Jesus Art