Compound interest arises when interest is added to
the principal of a deposit or loan, so that, from that
moment on, the interest that has been added also
earns interest. This addition of interest to the principal
http://en.m.wikipedia.org/wiki/Compound_interest
Daily Archives: Nov 27, 2013
THIS DAY IN #HISTORY 2711
This day in #history 2711
NOVEMBER 27th
1877 – Burkina Faso adopts its constitution
1895 – Alfred Nobel establishes Nobel Prize
1912 – Albanian National Flag adopted
1912 – Spanish protectorate In Morocco Forms
1914 – 1 st women elected political agent (Grantham , Linconshire UK)
1966 – Uruguay adopts constitution
1991 – Undertaker beats Hulk Hogan to become new WWF champ
2005 – President El Hadj Omar Bongo Ondimba of Gabon, in power since 1967 and the longest -serving head of state in the world, was re – elected to his third consecutive seven -year term.
FAMOUS BIRTHDAYS
1940 – Bruce Lee , [Lee Yuen Kam], SF California, karate star / actor ( Green Hornet), (d . 1973)
FAMOUS DEATHS
8 – Horace , Roman poet ,dies at 56
FAMOUS WEDDING
1980 – British playwright ( Nobel prize for literature
2005) Harold Pinter (50) marries 2 nd wife British
writer and historian Antonia Frazer ( 48)