Question

he has a house which is very big.(Change into compound interest)​

Answer 1

Explanation:

Compound interest definition:-

For example, if you deposit $1,000 in an account that pays 1 percent annual interest, you'd get $10 in interest after a year. Compound interest is interest that you earn on interest. So, in the above example, in year two, you'd earn 1 percent on $1,010, or $10.10 in interest payouts.

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