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what is Compound interest and it s formula and what is the difference between simple interest and compound interest

Dimple , 5 Years ago
Grade 8
anser 1 Answers
Saurabh Koranglekar

Last Activity: 5 Years ago

Dear student

The money that you get on the only the principal amount is simple interest

the money we get on principal, as well as the interest amount, is compound interest


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