hannygirl76 hannygirl76
  • 28-02-2018
  • Mathematics
contestada

How do you find compound interest and simple interest?

Respuesta :

shirinka
shirinka shirinka
  • 28-02-2018
Step 1: Multiply the Principal, which is the amount borrowed, by the interest rate.

Step 2: Compute compound interest using the following formula: A= P(1+r/n)

Hope this helps u
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