Mathematics, 16.03.2020 20:21 MatteBlack5490
Interest is calculated by multiplying an initial investment times the applicable interest rate and the period of time the money is used, whereas ? interest involves earning interest on the interest.
simple
compound
Answers: 3
![[1 + \frac{R}{100} ]^{T}](/tpl/images/0549/0303/8e7d8.png)
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