compound interest in Danish
compound interest in Danish is renters rente — compound interest means interest worked out not only on the original sum of money but also on the interest already added to it, so that the amount grows by a larger cash figure in each successive period.
compound interest in Danish
renters rente
(banking, finance) Interest, as on a loan or a bank account, that is calculated on the total on the principal plus accumulated unpaid interest.
What does "compound interest" mean?
-
noun Interest worked out not only on the original sum of money but also on the interest already added to it, so that the amount grows by a larger cash figure in each successive period.
"With compound interest, the balance grew faster in its final five years than in its first fifteen."
-
noun The general effect by which any quantity that grows on its own accumulated total increases at an accelerating pace. Used figuratively outside finance.
"He described daily practice as compound interest for the brain."
Vocabulary Flow
Learn more English words in Danish.
Vocabulary Flow serves English words with the Danish meaning, one at a time — pronunciation and an example each time. Scroll it either direction.
Learn English in Danish
compound interest in a sentence
- With compound interest, the balance grew faster in its final five years than in its first fifteen.
- Credit card debt builds through compound interest, so the amount owed rises on interest already charged.
- He described daily practice as compound interest for the brain.
Similar words in Danish
Common Danish translations
Frequently asked questions
What is "compound interest" in Danish?
"compound interest" in Danish is renters rente. compound interest means: Interest worked out not only on the original sum of money but also on the interest already added to it, so that the amount grows by a larger cash figure in each successive period.
How do you use "compound interest" in a sentence?
Example: "With compound interest, the balance grew faster in its final five years than in its first fifteen." In Danish, "compound interest" is renters rente.
Study it as flashcards or scroll it in Vocabulary Flow — saved to your collection.
