Math, asked by vineetsatbhaiya, 9 months ago

what is a defination simple interest

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Answered by GoldGrace14

2

Answer:

What Is Simple Interest? Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

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Answered by kausalyap27

2

Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

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