Mathematics, 05.05.2020 10:02 logan541972
In your own words, without providing the formulas, describe the difference between simple interest and compound interest. Which type of interest earns money more quickly?
Did it on e d g e n u I t y the a n s w e r is:
Simple interest is earned on the principal only.
Compound interest is earned on the principal as well as any previously earned interest.
Compound interest earns money more quickly
Answers: 2
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In your own words, without providing the formulas, describe the difference between simple interest a...
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