Chemistry, asked by shraddhapatil79, 10 months ago

what is simple interest...​

Answers

Answered by rabbanirealme2019
0

Answer:

Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments

Answered by jadu91
1

Answer:

Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

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