Math, asked by aryangupta876566, 15 days ago

What is the difference between simple interest and intrest?​

Answers

Answered by udhaya5239
1

Answer:

Compound Interest: An Overview. ... 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.

Answered by otmanoj535
1

Step-by-step explanation:

Compound Interest: An Overview. ... 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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