2 years ago

The difference between simple and compound interest in a savings account is that ______________.

1 answer:

8 0

Answer:

The difference is that the simple interest gives you interest only on the deposited amount in the account while the compound interest is calculated over the deposited amount and the previous interest amount added to the deposited amount.

Step-by-step explanation:

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3 years ago

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Step-by-step explanation:

$\huge\mathcal{Answer✓✓} \\ \\ \huge \\ \\ \small\mathcal{Area \: of \: traingle = 1/2*base*height} \\ \\ \small\mathcal{Base of traingle = 14 \: inc} \\ \\ \small\mathcal{Height of traingle = 8 \: inc} \\ \\ \small\mathcal{Area of traingle = 1/2*14*8} \\ \\ \small\mathcal{Area of traingle = 56 \: square \: in.} \\ \\ \huge\mathfrak\purple{Hope \: it \: helps.. }$