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25 February, 22:40

What is Compound interest?

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Answers (2)
  1. 25 February, 22:45
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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. 25 February, 23:00
    0
    Compound interest arises when interest is added to the principal of a deposit or loan
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