Math, asked by Anonymous, 19 days ago

what is compound interest ..?????

Answers

Answered by Anonymous

1

Answer:

Please mark as brainliest

Step-by-step explanation:

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.

Answered by Seemaraja

1

Answer:

compound interest is addition of interest in deposits or loan per annum

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