Math, asked by sumitjha232005, 10 months ago

define compound interest in maths​

Answers

Answered by reshma986
0

Answer:

Manish said to be related compound interest when it the end of the year if the interest is not paid the money lender what is added to the sum length and the amount was obtained becomes the principal for the next period this process is repeated until the amount for the last period has been found the difference between the original sum in the final amount is the compound interest

Answered by Anonymous
1

Answer:

Compound interest is the interest paid on the original principal and on the accumulated past interest.

Hope this helps you

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