compound Interest explain definition
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Answer:
Compound interest (or compounding interest) is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
Step-by-step explanation:
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Answered by
1
Step-by-step explanation:
Compound interest (or compounding interest) is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
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