Math, asked by mail2susmitadas09, 7 months ago

the different between the compound interest and simple interest on 42000... Find the rate of interst and compound interest

Answers

Answered by hariharan11122006

Answer:

The interest, typically expressed as a percentage, can be either simple or compounded. Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is based on the principal amount and the interest that accumulates on it in every period.

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