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ahrayia [7]
3 years ago
10

How do you find compound interest and simple interest?

Mathematics
1 answer:
Goshia [24]3 years ago
6 0
Step 1: Multiply the Principal, which is the amount borrowed, by the interest rate.

Step 2: Compute compound interest using the following formula: A= P(1+r/n)

Hope this helps u

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