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OpenStudy (jiteshmeghwal9):
What is the diffrence between compound interest & simple interest ?
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OpenStudy (cwrw238):
simple interest is calculated and added to original amount invested at end of each year compound interest is calculated on new amount including the interest at end of ach year
OpenStudy (cwrw238):
- or at end of each period ( e.g. each month)
OpenStudy (jiteshmeghwal9):
Thaanx !
OpenStudy (cwrw238):
yw
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