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Interest that is calculated on principal and interest; it assumes reinvestment of interest received. Compound interest is often referred to as interest on interest.

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The CFA Institute Investment Foundations Program covers the essentials of finance, ethics, and investment roles, providing a clear understanding of the global investment industry.


1. Interest that is calculated on principal and interest; it assumes reinvestment of interest received. Compound interest is often referred to as interest on interest.





 
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