3 years ago

How does compound interest work on investments

2 answers:

6 0

Basically, compound interest is how your money makes money on your behalf. If you invest, it means you not only earn a return on the initial amount of your investment, but also earn a return on your earnings. On the flip side, though, it also means that if you borrow money, you're charged interest on your interest.

miss Akunina [59]3 years ago

4 0

Answer:

the interest compounds at a higher rate thus making a good profit

Explanation:

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