Simple interest is paid only on the.

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Corey Schroeder

3 December, 15:58

Simple interest is paid only on the.

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Roberto Vega · Answer 1

Simple interest is interest paid only on the principal, the initial amount of money invested or borrowed. The formula for simple interest is I = prt, where I is the interest, p is the principal, r is the interest rate per year, and t is the time in years. So it is The Principal

Broderick Washington · Answer 2

Broderick Washington 3 December, 17:17

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The answer is principle