anthonyjl2002 anthonyjl2002

16-06-2021
Mathematics

contestada

which of the following is the definition of a compound interest?

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d305sanchez d305sanchez

16-06-2021

The definition of a compund intrest is:

Compound interest (or compounding interest) is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

hope this helps :D

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