TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

COMPOUND INTEREST FACTOR [1 record]

Record 1 1998-05-15

English

Subject field(s)
  • Economic Planning
  • Financial and Budgetary Management
DEF

What an initial amount of 1 becomes when growing at compound interest. The expression (1 + i)n, where i = the interest rate and n = the number of years. Usually obtained from a set of compounding and discounting tables.

French

Domaine(s)
  • Planification économique
  • Gestion budgétaire et financière

Spanish

Campo(s) temático(s)
  • Planificación económica
  • Gestión presupuestaria y financiera
DEF

Es en lo que se convierte un monto inicial de uno cuando crece a interés compuesto. La expresión es (1 + i)n, en que i = a la tasa de interés, y n = al número de años. Usualmente se obtiene de un conjunto de tablas de interés compuesto y de descuento.

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