Table of contents Introduction to Digital Currencies Digital currencies have been gaining popularity in recent years due to their ability to facilitate quick and secure transactions without the need for…
Our finance minister (FM) recently announced that the major portion of the budget is dedicated to infra and the CAPEX boost. Because of the infra and CAPEX boost our economy’s…
In this high-budget world, not everyone is born a millionaire. Unless we have a never-ending source of income, we need to care about our expenses. But along with the money…
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Simple Interest vs. Compound Interest Interest is the price of borrowing money, where the borrower pays a charge to the lender for the loan. The interest sometimes expressed as a percentage could be both simple or compounded. Simple interest is based on the principal amount of a loan or deposit. Simple Interest and Compound Interest In contrast, compound interest is based on the principal amount and the interest that accumulates…
With reduced hand contact becoming the norm in the wake of the coronavirus pandemic, banks are set to deploy contactless ATMs. A prototype has been developed by payments company AGS…
When I was a child, I used to save my pocket money in a piggy bank. Each time I wanted some cash, I used to shake my piggy bank and…