| Given the power of compound interest and plenty of patience, even people on a modest income can become much richer. |
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| Thanks to the power of compound interest, the longer that you invest, the greater your gain. |
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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 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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| 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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| One easy way to use interest to your advantage is to understand and apply the magic of compound interest. |
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| Albert Einstein once quipped that the greatest mathematical discovery of all time is compound interest. |
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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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| So should we all assume a lower growth rate when playing with our compound interest calculators? |
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| As simplistic as this may sound, she instinctively understands the power 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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| Some experimentation with our compound interest calculators can then show you how your investment plans are bearing up. |
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| You can also try putting a few numbers into our compound interest calculator. |
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| Because ultimately, you know, the miracle of compound interest becomes a nightmare. |
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| Both types of bonds can be registered in the name of Canadian residents and are available in regular and compound interest forms. |
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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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| Nevertheless, most problems involving compound interest can be solved by drawing a cash flow diagram in one of the following basic forms. |
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| It took us three years to get out of the compound interest that the Conservatives talk about. |
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| We charge compound interest, calculated daily at the prescribed rate, on both the amount that was not remitted on time and on the penalty. |
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| This is known as compound interest and is a powerful tool to grow your money. |
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| Enter the annual compound interest rate you expect to earn on the investment. |
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| This is required by the cash flow sign convention, which is applicable primarily to compound interest calculations. |
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| The sooner you start saving, the faster your retirement capital grows thanks to compound interest. |
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| If compound interest is selected, interest will be calculated on an annual compound basis from the inception of the term. |
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| Similarly, this type of plan could not cover a mortgage involving compound interest since nearly every mortgage contained such a clause. |
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| Interest on your savings can be calculated two different ways: simple interest and compound interest. |
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| The magic of compound interest means that it's always hard to make up for lost time. |
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| In a classroom environment, were taught about compound interest, mortgages, and debt. |
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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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| 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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| And why not take advantage of compound interest while you're at it? |
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| Isn't it time for the community sector to go one better, and experiment with financial institutions and instruments that do not target growth in asset value by means of compound interest? |
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| The par value of bonds outstanding exceeds the original par value of bonds issued due to conversions from compound interest form bonds into annual interest form bonds. |
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| We illustrated the perniciousness of compound interest rates and how, once debt begins to accumulate, governments can get caught in a vicious circle. |
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| So on top of driving a treadmill of unsustainable economic growth, compound interest makes sure that those who enjoy the least benefits of growth still cover most of the costs of capital. |
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| And these are issues that concern me quite deeply because I see the kind of difficulties that some Canadians can get into because of their unfamiliarity with the realities of compound interest and debt. |
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| The aid to be recovered shall include interest and compound interest from the date on which it was at the disposal of the beneficiary until the date of its recovery. |
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| An hon. member earlier referred to the hook to draw people into this game and to suggest that a minimum payment is okay, not realizing that there is interest that the next month becomes compound interest, et cetera. |
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| This is simply a product of compound interest. |
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| True, but let's play another game, that of compound interest. |
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| When John Maynard Keynes was asked what would happen in the long run when deficits kept piling up and we started hitting compound interest, he said that in the long run we would all be dead. |
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| Deferred rent allows the Authority to retain a portion of rent from any of the first five years of the lease to be payable, with compound interest, from the eleventh to the fifteenth years of the lease. |
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| Let's look at some simple ways that compound interest can work for you. |
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| Next, the author explores the mathematics of the time value of money through a discussion of simple interest, bank discount, compound interest, and annuities. |
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| Compound interest is no longer commonly thought to be usurious or to involve prohibitively complex calculations. |
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