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ValentinkaMS [17]
3 years ago
7

What is compound interest?

Social Studies
2 answers:
Nastasia [14]3 years ago
8 0

Answer:b

Explanation:google

agasfer [191]3 years ago
7 0
DescriptionCompound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.
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