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1 July, 08:09

What is Compound interest?

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Answers (2)
  1. 1 July, 08:29
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    When interest rate is applied to the original principle and any accumulated interest, this is called compound interest.

    A=P (1+r/n) nt nt to the power ...
  2. 1 July, 09:50
    0
    Compound interest arises when interest is added to the principal of a deposit or loan
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