Calculate Interest on Savings

Name: Calculate Interest on Savings
Uploaded: 2018-03-09T19:22:15+00:00
Duration: 5 min 31 s
Channel: Asith Mohan Mangalore
Description: Interest is the cost of money. When you lend money or deposit funds into an interest-bearing account, you typically get your money back plus a little bit extra. That extra amount is interest, or your compensation for letting somebody else use your money.<br />

Asith Mohan Mangalore

Interest is the cost of money. When you lend money or deposit funds into an interest-bearing account, you typically get your money back plus a little bit extra. That extra amount is interest, or your compensation for letting somebody else use your money.

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