Ask Question
Today, 03:53

Explain the difference between compound interest and simple interest. Use in your own words.

+2
Answers (1)
  1. Today, 06:34
    0
    Compound interest is when you gain interest on interest already gained but with simple interest you only gain interest on the original amount put in.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Explain the difference between compound interest and simple interest. Use in your own words. ...” in 📘 English 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