Key term for OCR GCSE Mathematics, used in Growth and Decay.
Interest calculated on both the initial principal and the accumulated interest from previous periods.
Compound interest appears in OCR GCSE Mathematics revision content for Ratio, Proportion and Rates Of Change, especially Growth and Decay and Exponential Growth and Decay.
Create a free account to access OCR GCSE Mathematics revision notes, track progress, and practise related key terms.
