Real Estate Glossary | What is Compound Interest??

Q: What is Compound Interest?

Compound interest is a type of interest that is calculated on the principal of a loan or investment, as well as on the accumulated interest from previous periods. This means that the interest compounds over time, resulting in a higher overall return on the investment or a higher overall cost for the borrower.

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Beycome Corp. works with real estate brokerages licensed to do business in multiple states across the country. Beycome Brokerage Realty LLC d/b/a beycome.com is a real estate brokerage licensed to do business in AL, GA, IL, MI, MN, NC, SC and TX. Beycome of Florida LLC d/b/a beycome.com is a real estate brokerage licensed to do business in Fl. Beycome of Connecticut LLC d/b/a beycome.com is a real estate brokerage licensed to do business in CT. A list of our licenses is available here.

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