# About the interest computed on the principal and also on the accumulated past interest

Answers: 2

## Answers

About the interest computed on the principal and also on the accumulated past interest...

Answers: 2

About the interest computed on the principal and also on the accumulated past interest...

A= I + P

I= is the total interest and;

P= is the principal amount

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Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods, and can thus be regarded as "interest on interest.

Step-by-step explanation:

Compund interest

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Step-by-step explanation:

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