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What do you mean by compound interest? ​

Sagot :

Answer:

Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan. ... When calculating compound interest, the number of compounding periods makes a significant difference.

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Answer:

COMPOUND INTEREST is interest calculated on the initial principal , which also includes all of the accumulated interest from previous periods on a loan deposit or loan

Step-by-step explanation:

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