4 years ago

Distinguishes between simple an compound interest

Mathematics

1 answer:

Ghella [55]4 years ago

3 0

Answer:

> Simple interest is calculated on the principal, or original, amount of a loan.

> Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods, and can be regarded as "interest on interest."

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Distinguishes between simple an compound interest​

Distinguishes between simple an compound interest