Definition of Simple Profit and Compound Profit.............Please answer....
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Step-by-step explanation:
Profit describes the financial benefit realized when revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity in question. ... Profit is calculated as total revenue less total expenses.
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Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. Compounding, therefore, differs from linear growth, where only the principal earns interest each period
Profit is how much money somebody (normally a company) makes. This is found by subtracting how much money they have spent (expenditure) from how much money they have brought in (revenue).
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