Math, asked by gyani16184, 2 months ago

Write some conditions where compound interest is used.

Answers

Answered by yamin1971mya

1

Answer:

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Step-by-step explanation:

Compound interest is when the interest you earn on a balance in a savings or investing account is reinvested, earning you more interest. As a wise man once said, “Money makes money. And the money that money makes, makes money.” Compound interest accelerates the growth of your savings and investments over time.

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