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Discrete compounding

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Discrete compounding
The process of calculating Interest and adding it to existing principal and Interest at finite time intervals, such as daily, monthly or yearly.
    
Compounding is  the ability of an asset to generate Earnings, which are then reinvested in order to generate their own Earnings. In other words, Compounding refers to generating Earnings from previous Earnings.
Posted by  LISA Life Insurance Settlement Association
 
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