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30 October, 08:43

What is compound interest?

A - the interest earned on the principal of an investment

B - the interest earned on both the principal and interest of an investment or savings account

C - the interest earned on a mutual fund

D - the interest earned on a loan

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  1. 30 October, 10:00
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    That would be B. The interest is earned on the principal and interest earned previously.
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