Capital: Compound Interest app for iPhone and iPad

4.6 ( 6656 ratings )

Business Finance
Developer: Dmitriy Antoniuk

Free

Current version: 1.5, last update: 4 years ago
First release : 01 Aug 2018
App size: 9.47 Mb

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.