Ask Question
Today, 05:09

How do simple interest and compound interest affect your saving

+5
Answers (1)
  1. Today, 08:42
    0
    Investment interest increases your savings, but loan interest increases your debt. Simple and compound interest allow your money to work for you by earning additional income ... However, if you borrowed money for an investment, the interest on the loan works against you in the same way.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How do simple interest and compound interest affect your saving ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers