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Franklyn Banking and Finance English

Franklyn Banking and Finance English

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Published by suprnd

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Published by: suprnd on Dec 01, 2008
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05/24/2012

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Refers to earning income on your income. For example, on fixed income investments that
pay interest over time at periodic intervals, compounding means making interest on your
initial investment and also on the interest as it builds up (i.e., earning interest on your
interest).

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