Math, asked by GodReaper8728, 7 months ago

What's principle in compounds and interest

Answers

Answered by Anonymous

1

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously accumulated interest.

Previous Question

Next Question

Similar questions

Math, 3 months ago

Solve it plz............,!?????????.?.?.?.?.?.?.?.?.?.?.?.?.?.?.?.?.?.?..?

English, 3 months ago

A song review for the song only the brave by louis tomlinson. dont spam or else I'll report...

Math, 3 months ago

plzz answer fast. maths ...

Computer Science, 7 months ago

Write steps to rename a spreadsheet...

English, 7 months ago

Q) During a pleasure trip to Mussoorie, your mind ran to the rampant pollution Hin our towns. You realize that protecting nature is our prime responsibility. Write a diary about your experience and your decision to save the environment. (120 to 150 words).

English, 11 months ago

article on cleanliness is next to goodness within 100...

Chemistry, 11 months ago

What change a chemical reaction?

Math, 11 months ago

howmany factors does zero have...