Economy, asked by rahichyyy31579, 10 months ago

what is compound interest and how to understand

Answers

Answered by ItzDevilQueen07

12

Answer:

Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one.

Explanation:

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Answered by khushi436695

1

Answer:

Compound interest is calculated by multiplying the initial principal amount by one plus the annual interest rate raised to the number of compound periods minus one.

Explanation:

hope this helps

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