jhonatangonzames
jhonatangonzames jhonatangonzames
  • 07-10-2020
  • Business
contestada

What is the different between simple interest and compund interest?​

Respuesta :

UwUQween
UwUQween UwUQween
  • 07-10-2020

Answer:

Simple interest is calculated on the original amount of a loan. Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods.

Good luck! Hope this helped! :)

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