English, asked by shriniwash83gmailcom, 10 days ago

what is simple interest?

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Answered by Ghayu2005

Simple interest is => P×N×R / 100

Answered by adibaanjum777

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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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what is simple interest?​

Answers

what is simple interest?