3 years ago

What is compound interest?

1 answer:

5 0

Answer:

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

Step-by-step explanation:

You might be interested in

Which graph represents the data shown in the table?

Igoryamba

Answer:

the fourth one

Step-by-step explanation:

its the second one on the bottom, with two days being 75 there wouldnt be an incline on the graph and the rest of the numbers support the answer

3 0

3 years ago

Kayla's age is 3 less than twive her brother's age. Kayla is 13 years old. How old is her brother?

Kamila [148]

Answer: 6

Step-by-step explanation:

3 times 2

7 0

4 years ago

To visit her grandmother, Melek takes a motorcycle 3.8, kilometers and a horse 3.32, point, 32 kilometers. In total, the journey

yan [13]

Malik to visit her grandmother takes a motorcycle 3.8 kilometres at a horse 3.3 2.3 32 kilometres in total journey takes 50.5 4 minutes total kilometres which mlx journey is 7.725 kilometres

7 0

3 years ago

Read 2 more answers

Mary-Ann has $28, which is 2 1/3 as much money as Lola has. How much money does Lola have?

aleksley [76]

Answer:

Lola has 12 dollars

Step-by-step explanation:

6 0

3 years ago

Read 2 more answers

Help this please do this and do all of this really need help