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UkoKoshka [18]
3 years ago
9

You ask to barrow $800 from your Uncle Raul who decides to charge you 25% monthly interest on the initial amount. Does this arra

ngement describe simple interest or compound interest?
Mathematics
1 answer:
exis [7]3 years ago
3 0

Answer:

Compound interest

Step-by-step explanation:

It accumulates every month

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