Zero-coupon-bond issuers use the power of compounding to increase the value of the bond so it reaches its full price at maturity. The first ... compound interest is to create a macro function.

Albert Einstein is said to have called "the power ... think compound interest is noteworthy, let alone powerful or wonderful?" To a theoretical physicist, I think an exponential function must ...

Compound interest is when the interest you earn on ... If you leave out the pmt variable, you’ll get the same result as the first equation. To continue with the example above, here’s what ...