When dealing with a loan, who benefits from compounding interest more frequently, and why?

Mathematics

2 answers:

VashaNatasha [74]3 years ago

7 0

Answer:

The lender benefits, because the interest compounded increases further interest calculations.

Step-by-step explanation:

When dealing with a loan , the lender benefits from compounding interest more frequently. This is because the amount of interest compounded on the principle increases and this new amount further increases due to interest calculations.

nalin [4]3 years ago

4 0

right answer is a.

The lender benefits, because the interest compounded increases further interest calculations.

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