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"How to Calculate Compound Interest"
Compound interest is an important concept to understand, as it will help you appreciate how your savings (or debts) might accrue over time.
There are many instances apart from calculating returns on savings or repayments on loans.
Perhaps you have applied for a job in the financial services sector, or maybe you are sitting an aptitude test for a job.
Understanding compound interest can also allow you to work out if it makes sense to accept discounts from suppliers on early payments.
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