Question

What do you mean by Simple interest?

Started giving answer with latex & full explanation xD

Uff.. It takes a lot of time​

Answer 1

Answer:

Simple interest is interest calculated on the principal portion of a loan or the original contribution to a savings account. Simple interest does not compound, meaning that an account holder will only gain interest on the principal, and a borrower will never have to pay interest on interest already accrued.

Answer 2

Answer:

$\huge \sf \colorbox{pink}{hey}$

Step-by-step explanation:

$\huge \sf \colorbox{crimson}{Question-:}$

$\pink{\fbox{What do you mean by Simple interest?}}$

$\huge \sf \colorbox{crimson}{Answer-:}$

→Simple interest is interest calculated on the principal portion of a loan or the original contribution to a savings account. Simple interest does not compound.

$\pink{ \fbox{ \: useless \: info}}$

$\orange \rightarrow \: yeah \: latex \: takes \: so \: much \: time \: focking \: time$

$\orange \rightarrow \: and \: gibing \: full \: explanation \: uff \: \: its \: better \: not \: to \: talk \: about$

Lel-'/