Math, asked by anandraj123, 8 months ago


ch-simple interest and compound interest​

Attachments:

Answers

Answered by swarajshinde1203
0

Answer:

Simple interest is based on the principal amount of a loan or deposit, while compound interest is based on the principal amount and the interest that accumulates on it in every period. Since simple interest is calculated only on the principal amount of a loan or deposit, it's easier to determine than compound interest.

Similar questions