Question

under simple interest principal changes or remains same every year​

Answer 1

Answer:

Remains the same

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Answer 2

Answer:

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In case of simple interest the principal remains the same for the whole period but in case of compound interest the principal changes every year. Clearly, the compound interest on a principal P for 1 year =simple interest on a principal for 1 year, when the interest is calculated yearly.

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Step-by-step explanation:

Answer by @Missmiracle12 ❤️