It is the interest earned not only on the original principal but also on all interest earned previously.

(a)  

The number of compounding periods in quarterly compounding frequency.

(a)  

The value of an asset or cash at a specified date in the future that is equivalent in value to a specified sum today.

(a)  

The interest is paid on the original principal only.

(a)  

It is defined as the cost of borrowing money.

(a)  

The formula in calculating the simple interest is:

(a)  

It is the initial amount you borrow or deposit.

(a)  

The number of years the amount is deposited or borrowed for.

(a)  

It is calculated on the principal amount and also on the accumulated interest of previous periods, and can thus be regarded as interest on interest.

(a)  

The number of compounding periods in annually compounding frequency.

(a)  

The number of compounding periods in monthly compounding frequency.

(a)  

The number of compounding periods in semi-annually compounding frequency.

(a)  

The additional money from the amount deposited, invested, or borrowed, after a certain period of time.

(a)  

The letter "r" in the formula for computing the interest.

(a)