Math, asked by priyankamondal16517, 10 months ago

what is simple and compound interest​

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Answered by AdityaRajFEB
1

Answer:

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Answered by Anonymous
1

Answer:

The interest, typically expressed as a percentage, can be either simple or compounded. Simple interest is based on the principal amount of a loan or deposit. In contrast, compound interest is based on the principal amount and the interest that accumulates on it in every period.

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