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  2. Compound interest - Wikipedia

    en.wikipedia.org/wiki/Compound_interest

    Compound interest. Compound interest is interest accumulated from a principal sum and previously accumulated interest. It is the result of reinvesting or retaining interest that would otherwise be paid out, or of the accumulation of debts from a borrower.

  3. Wheat and chessboard problem - Wikipedia

    en.wikipedia.org/wiki/Wheat_and_chessboard_problem

    The wheat and chessboard problem (sometimes expressed in terms of rice grains) is a mathematical problem expressed in textual form as: If a chessboard were to have wheat placed upon each square such that one grain were placed on the first square, two on the second, four on the third, and so on (doubling the number of grains on each subsequent ...

  4. Event (probability theory) - Wikipedia

    en.wikipedia.org/wiki/Event_(probability_theory)

    e. In probability theory, an event is a set of outcomes of an experiment (a subset of the sample space) to which a probability is assigned. [1] A single outcome may be an element of many different events, [2] and different events in an experiment are usually not equally likely, since they may include very different groups of outcomes. [3]

  5. What Is Compound Interest? - AOL

    www.aol.com/2013/04/15/compound-interest-definition

    Alamy April is Financial Literacy Month, and our goal is to help you raise your money IQ. In this series, we'll tackle key economic concepts -- ones that affect your everyday finances and ...

  6. Interest Compounded Daily vs. Monthly: Which Is ... - AOL

    www.aol.com/news/interest-compounded-daily-vs...

    Here are some examples to illustrate how interest compounded daily vs. monthly can affect your savings. Example #1: Compounding Monthly. Assume you deposit $10,000 into a high-yield savings ...

  7. Exponentiation - Wikipedia

    en.wikipedia.org/wiki/Exponentiation

    Logarithm (log) log. logarithm. v. t. e. In mathematics, exponentiation is an operation involving two numbers: the base and the exponent or power. Exponentiation is written as bn, where b is the base and n is the power; this is pronounced as " b (raised) to the (power of) n ". [1]

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