1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
finlep [7]
3 years ago
14

What is the difference between simple and compound interest?

Social Studies
2 answers:
love history [14]3 years ago
7 0

Answer:

Simple Interest is paid on principal only; compound interest is paid on both principal and interest

Explanation:

Final amount in case of simple interest= Principal + principal×interest rate×number of time period over which interest is valid

final amount in case of Compound Interest= A(1+r/n)^(rt)

Here A=Principal ampunt. r=interest rate, n=number of times interest is multiplied, t= number of time period elapsed

CaHeK987 [17]3 years ago
3 0
<span>Simple interest is paid on the principal only; compound interest is paid on both principal and interest.
</span>
You might be interested in
Which of the following types of transportation is NOT mass transportation?
ValentinkaMS [17]
A car is the type of transportation that is not mass transportation. It means that you cannot drive many people in a car, whereas a bus, a streetcar, and a train can accommodate many people. 
8 0
3 years ago
Read 2 more answers
Will mark brainliest. 13 points. pictures of the assignment are above
bonufazy [111]
There’s one picture, comment the question and I’ll answer it.
4 0
3 years ago
A state significantly different from a normal waking state is called an altered state of consciousness.
Wittaler [7]
The answer is A. True
8 0
3 years ago
Read 2 more answers
According to maslow, a higher-order need:
notsponge [240]
The higher-order need by Maslow is Self Actualization it is the need to reach one’s highest potential and to attain a sense of fulfillment to the highest level. It is the realization of one’s talent and potentialities. It becomes a source of motivation after lower order needs are satisfied.
6 0
3 years ago
A policy sheet is likely to include all the following except: attendance policy. classroom rules. outline of classroom procedure
diamong [38]

A policy sheet is likely to include all the following except:

  • Course content outline.

<h3>What is a Policy Sheet?</h3>

This refers to the document which shows in great detail how to behave within an organization which employees must follow.

With this in mind, we can see that the policy sheet would contain the attendance policy, the classroom rules, outline of classroom procedure but would not include a course content outline as this does not show code of conduct.


Read more about policy sheet here:
brainly.com/question/25846476

7 0
2 years ago
Other questions:
  • One reason Andrew jackson was considered a chapion of thre common man was because he ​
    8·1 answer
  • Yeah, i was afraid, but i'm afraid most of the time, you know? how would you feel if a white guy like you got dropped into the m
    8·1 answer
  • 1.
    6·1 answer
  • HELP FAST! ASAP!
    5·2 answers
  • How do satellites orbit the earth?​
    13·1 answer
  • Which statement explains why the creole people had rights but African Americans in other places did not?
    12·2 answers
  • Between 2005 and 2012, the U.S. Supreme Court ruled that the death penalty and mandatory
    8·1 answer
  • Instruction: Read the statements carefully then write True if the statement is
    14·1 answer
  • The greek physician _______ noted that separate spinal nerves connect to each region of the body.
    12·1 answer
  • The process in which opposing facts are weighed and compared to determine the best solution is called:________
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!