3 years ago

What is annual simple interest

Mathematics

1 answer:

djyliett [7]3 years ago

6 0

Answer:

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The annual interest rate, sometimes called the standard annual interest rate or base rate, is the percentage value you usually see first when comparing financial products. It's the basic interest that you'll pay on your loan or earn on your savings account without taking compounding or fees into consideration.

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Answer:

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Step-by-step explanation:

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