Business Studies, asked by kumardipak9278, 11 months ago

The difference in compound interest earned on acertain sum

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Answered by Anonymous
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Question seems to be incomplete mate

Answered by Anonymous
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While both types of interest will grow your money over time, there is a big difference between the two. Specifically, simple interest is only paid on principal, while compound interest is paid on the principal plus all of the interest that has previously been earned.

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