IN MATH: 1. v., adv. paying interest on both the principal and the already earned interest one or more times per year EX. With Ken's account, interest is compounded quarterly.
IN ENGLISH: 1. v.t. to make by combining parts. EX. Joking now will only compound the problem. 2. n. a thing made of more than 1 part. EX. The druggist can make a compound to ease the pain. 3. n. a group of buildings, often enclosed, considered as one place. EX. The wagon train formed a compound for its nightly stop.
APPLICATION: See list 120.
1. When interest is compounded quarterly, how many times each year is interest paid?
This is a page from the dictionary MATH SPOKEN HERE!, published in 1995 by MATHEMATICAL CONCEPTS, inc., ISBN: 0-9623593-5-1. You are hereby granted permission to make ONE printed copy of this page and its picture(s) for your PERSONAL and not-for-profit use.