Math, asked by dritikasaini332009, 1 year ago

what is simple interest and compound interest​

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Answered by sana5172
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Answer:

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Answered by MysteryUnsolved
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Answer:

Hello :D

Step-by-step explanation:

Simple interest is based on the principal amount of a loan or deposit.

Compound interest is based on the principal amount and the interest that accumulates on it in every time.

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