beatricethegreat
beatricethegreat beatricethegreat
  • 03-04-2017
  • Business
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what is the difference between compound and regular interest?

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SABRINACOOPER1890257
SABRINACOOPER1890257 SABRINACOOPER1890257
  • 03-04-2017
 will calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one As opposed to simple interest and Interest is the cost of borrowing money and Conversely compound interest
hope this helps
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