Math, asked by dwaynepeters390, 1 month ago

write a short note on simple interest in 6 sentences​

Answers

Answered by ᏢerfectlyShine
4

Answer:

What Is Simple Interest?

Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

Answered by rajalakshmimd85
1

What Is Simple Interest?

Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

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