kamatszámítás
Kamatszámítás is a Hungarian term referring to the calculation of interest. It encompasses various methods and formulas used to determine the amount of interest earned or owed on a principal sum of money over a specific period. The fundamental concept involves applying an interest rate to the principal.
There are two primary types of interest calculation: simple interest and compound interest. Simple interest is
Compound interest, on the other hand, is calculated on the initial principal and also on the accumulated
Kamatszámítás is crucial in many financial contexts, including savings accounts, loans, mortgages, bonds, and investments. Understanding