Compound Interest. Compound interest is calculated each period on the original principal and all interest accumulated during past periods. Although the interest may be stated as a yearly rate, the compounding periods can be yearly, semiannually, quarterly, or even continuously.
The band was formed in 1981 when vocalist/guitarist James Hetfield responded to an advertisement posted by drummer Lars Ulrich in a local newspaper. Metallica's current line-up comprises founding members Hetfield and Ulrich, longtime lead guitarist Kirk Hammett and bassist Robert Trujillo. Guitarist Dave Mustaine and bassists Ron McGovney, Cliff Burton and Jason Newsted are former members of the band.
The lead guitarist of Metallica is Kirk Hammet. Originally, Grant Lloyd was the lead guitarist in 1981 but he was substituted by Dave Mustaine in 1982 and he was kicked out of Metallica in 1982, and since then Kirk is Metallica's lead guitarist. <br /> NOTE: Dave was kicked out of the band because he was a drunk.