yasmeen100
yasmeen100 yasmeen100
  • 25-02-2021
  • Business
contestada

What is the definition of compound interest? ( say in your own words and not from the internet )

Respuesta :

cuevasalessandro9
cuevasalessandro9 cuevasalessandro9
  • 25-02-2021

Answer:

Compound interest (or combining interest) is that the interest on a loan or deposit calculated supported each the initial principal and also the accumulated interest from previous periods.

Answer Link

Otras preguntas

Laura has moved to a new apartment. Her schoolbooks comprising of different subjects are mixed in a bag during the move. Four books are of mathematics, three ar
What does the term laissez faire means?
if the amount of solar energy reaching a body of water increased, how would it affect the rate of evaporation
Glycolysis is the process of converting glucose into pyruvic acid. Where does this process occur?
The velocity versus time graph of particle A is tangent to the velocity versus time graph for particle B at point O. What is the acceleration of the particle A
6/34 = p/68 p=? plz help
A layered matamorphic rock of light and dark bands of minerals is: a; schist b; basalt c;gneiss d;granite
A group of rock layers containing similar fossils of similar age is called a A.strata B.stage C.season D.series
Who Knows How To Do Percentage??
What is the ratio of the circumference of a circle with radius 3 to its diameter?