Math, asked by nafia77, 4 months ago

_____ is the extra amount paid on principle amount​

Answers

Answered by MishraVidya1205
13

Answer:

interest is the extra amount paid on the principal amount.

Interest is the monetary charge for the privilege of borrowing money, typically expressed as an annual percentage rate (APR). Interest can also refer to the amount of ownership a stockholder has in a company, usually expressed as a percentage.

Step-by-step explanation:

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