Math, asked by rukmaniguptarukmani1, 5 months ago

what is compound interest​

Answers

Answered by Anonymous
3

Answer:

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

Step-by-step explanation:

hope it's USEFUL ❤️...

Answered by Nksystem
0

Answer:

This is the answer in your question good luck

Attachments:
Similar questions