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Grade: 8

                        

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

5 months ago

Answers : (1)

Saurabh Koranglekar
askIITians Faculty
8407 Points
							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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5 months ago
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