3 years ago

How does a compound interest rate differ from a simple interest rate

Mathematics

1 answer:

alekssr [168]3 years ago

7 0

Answer:

Step-by-step explanation:

A because simple interest is based on the original deposit while compound interest has a snowball effect meaning that if you gain interest the new interest includes the interest you gained. basically compound is interest on interest

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Step-by-step explanation:

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