Math, asked by onupomadeka123, 5 hours ago

Definition of compounded annualy​

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Answered by Meeshka
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noun [ U ] FINANCE. us. a method of calculating and adding interest to an investment or loan once a year, rather than for another period: If you borrow $100,000 at 5% interest compounded annually, after the first year you would owe $5,250 on a principal of $105,000.

Answered by 6530arpit
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