Math, asked by mujeebuddin38, 4 months ago

compound interest allows you to earn in which interest

Answers

Answered by simransonu997
0

Answer:

Compound interest is when you add the earned interest back into your principal balance, which then earns you even more interest, compounding your returns. Let's say you have $1,000 in a savings account that earns 5% in annual interest. In year one, you'd earn $50, giving you a new balance of $1,050.

Step-by-step explanation:

Hope it will help you..

Answered by ubadajaleel75
0

Answer:

principal interest can be earn in compound interest

Step-by-step explanation:

I am gazing not sure

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