Math, asked by ntrisha702, 7 hours ago

what is interest??

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Answers

Answered by TitiTae
3

Interest is the cost of borrowing money, where the borrower pays a fee to the lender for the loan. Generally, simple interest paid or received over a certain period is a fixed percentage of the principal amount that was borrowed or lent.

E.g : Interest is defined as the amount of money paid for the use of someone else's money. An example of interest is the $20 that was earned this year on your savings account. An example of interest is the $2000 you paid in interest this year on your home loan.

Answered by jogeswarmavudelli
1

Answer:

My interest - ap mere baju me rahoge toh

Mera interest appe

Step-by-step explanation:

Maths interest - interest is a fee paid for borrowing money or other assets. • the amount borrowed is called the principal. • the interest is expressed as a percentage rate of the principal. for a given time interval.

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