Social Sciences, asked by 8317022139ccc, 6 months ago

1. Write the difference between and intrest charged and interest paid.

Answers

Answered by HMChaudry1592

1

Explanation:

hi

The interest, typically expressed as a percentage, can be either simple or compounded. Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is based on the principal amount and the interest that accumulates on it in every period

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