Math, asked by radhikaradha596, 5 months ago

what is the meaning of compound interest

Answers

Answered by divyasreepradhan1988

Answer:

Compound interest is interest calculated on the intital principal which also includes all of the accumulated interest from previous period on a deposit or loan. when calculating compound interest the number of compounding period makes a significant difference.

Hope it's helpful to you.

Answered by 212154

Answer:

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