SULULIUI 1 What is “compound interest”?

Question

SULULIUI 1
What is “compound interest”?

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Genesis 2 weeks 2021-11-19T11:54:52+00:00 2 Answers 0 views 0

Answers ( )

    0
    2021-11-19T11:56:34+00:00

    Answer:

    it’s added on to the loan

    Step-by-step explanation:

    the other person totally searched it up so you could just done that but if you want a simplified answer here it is

    0
    2021-11-19T11:56:41+00:00

    Answer:

    Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest.

    Step-by-step explanation:

    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.

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45:7+7-4:2-5:5*4+35:2 =? ( )