Math, asked by aaryan730, 2 months ago

simple interest =
complete the following

Answers

Answered by sakthipriyaravi14

0

Answer:

Simple interest=the principal amount multiplied by the interest rate, multiplied by the number of periods.

Step-by-step explanation:

For a borrower simple interest is advantageous,since the total interest expense will be less without the effect of compounding.

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