Math, asked by sreeparvathyk19, 4 days ago

which mode of interset is better choice while borrowing some money from a money lender? simple or compound interest

Answers

Answered by Upadhyayu78
0

Answer:

Simple Interest.

Step-by-step explanation:

Because in simple interest the same interest should be given but in compound interest the rate becomes greater as it is compounded (Annually or half yearly or quarterly).

Answered by man18deep62
0

Answer:

when it comes to investing compound interest is the better option

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