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OpenStudy (anonymous):
Describe compound interest.
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OpenStudy (anonymous):
Compound interest is interest in which the amount the total raises by increases. The reason why is every cycle ..interest is taken from the new amount which is bigger as opposed too a simple rate in which is just takes it from the original amount.
OpenStudy (anonymous):
mhm.
OpenStudy (anonymous):
do you know what eponential growth is?
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