pranit3126
pranit3126 pranit3126
  • 17-01-2022
  • Mathematics
contestada

What do u think which is more Simple Interest or Compound Interest?

Respuesta :

fieryanswererft
fieryanswererft fieryanswererft
  • 17-01-2022

Answer:

When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate.

Answer Link

Otras preguntas

What is three-eighths of fifty-six
What three things use energy transferred by electricity?
What is a main challenge faced by plants that live in a desert?
Do you agree with the view that there was ‘genuine achievement’ by the British army at the Third Battle of Ypres (Passchendaele) (Source 6, line 32)?
how did the english take over canada
Do you agree with the view that there was ‘genuine achievement’ by the British army at the Third Battle of Ypres (Passchendaele) (Source 6, line 32)?
A forest inhabited only by borogoves and mome raths contains eighty-two creatures. Borogoves are two-legged animals, while mome rath has 4 legs. If the forest c
1) the attraction forces between mercury atoms in liquid mercury are stronger than the Intermolecular forces between water molecules. Which of the following is
Do you agree with the view that there was ‘genuine achievement’ by the British army at the Third Battle of Ypres (Passchendaele) (Source 6, line 32)?
Write an algebraic expression for the sum of 18 and a number