kertauskorko
Kertauskorko, a Finnish term, translates to "compound interest" in English. It describes the interest earned on an initial principal amount, which is then added to the principal for the calculation of future interest. This process results in the interest earned also generating interest, leading to exponential growth of the investment over time.
The concept of compound interest is fundamental to personal finance and economics. It is the driving force
Kertauskorko is a key factor in understanding the power of investing over extended periods. It is often