destinyculbert1663 destinyculbert1663

04-05-2022
Business

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Compound interest means that interest is calculated on:.

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cherryapple561 cherryapple561

04-05-2022

Answer: initial principal

Explanation:

Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

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