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Re: It's a proud moment for the UK!

By: faul in ALEA | Recommend this post (0)
Thu, 04 Dec 14 6:38 PM | 21 view(s)
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Msg. 16395 of 54959
(This msg. is a reply to 16394 by Cactus Flower)

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Yes i am compounding because that's how mortgages
for example are worked out.......even if i repay
the interest monthly or yearly.


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The above is a reply to the following message:
Re: It's a proud moment for the UK!
By: Cactus Flower
in ALEA
Thu, 04 Dec 14 6:24 PM
Msg. 16394 of 54959

You are compounding. But we were discussing a form of debt for which the interest was repaid annually.


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