How does simple interest differ from compound interest? Simple interest rates are between 1-5% while compound interest rates are over 5%. You earn simple interest in a savings account and compound interest on an investment. Simple interest is calculated on principal alone; compound interest is calculated on the principal as well as the interest you’ve already earned. Simple interest is calculated on the principal as well as the interest you’ve already earned; compound interest is calculated on principal alone.
Solved
Show answers
More tips
- F Food and Cooking 10 Reasons Why You Should Avoid Giving Re-Gifts: An Informative Guide...
- S Sport How to wrap boxing hand wraps? Everything you need to know!...
- A Animals and plants 5 Tips for Taking Care of Yews to Keep Them Green and Beautiful...
- H Health and Medicine How to Calm Your Nerves? Expert Tips That Actually Work...
- O Other What is a Disk Emulsifier and How Does it Work?...
- S Sport How to Pump Your Chest Muscle? Secrets of Training...
- C Computers and Internet How to Get Rid of 3pic Infector: Everything You Need to Know...
- S Style and Beauty How to Grow Hair Faster: Real Methods and Advice...
- C Computers and Internet How to Top Up Your Skype Account Without Losing Money?...
- C Computers and Internet How to Get Rid of Spam in ICQ?...
Answers on questions: Business
- M Mathematics The square root of x + 3 equals 12...
- M Mathematics I will give brainliest ...... just do #7 thank you...
- M Mathematics Anyone plz help IMAGE below...
- C Computers and Technology Question #3 Which techniques are useful when evaluating a program? Select 4 options. O user experience testing print debugging defuncto debugging o test cases automated testing...
Ответ:
answer:
The answer is C. Hope it helps
Ответ:
they were born minutes apart
Explanation: