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When exactly can debt interest be compounded?

Discussion in 'Debt help' started by AngelWing, Feb 26, 2016.

  1. AngelWing

    AngelWing New Member

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    Nov 10, 2015
    I have a rather complicated question, but I'm in need of a simple answer (like, for dummies!).
    When can interest on a debt be compounded?
    I know, more or less, what compound interest means, I just don't understand when is it applicable. Help ?
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