10.9k views
0 votes
When calculating acurred interest over several years that compound annual you must

1 Answer

3 votes
Calculate a new principle each year, adding the accrued interest from the previous year.
User Igor Damiani
by
8.3k points

Related questions

asked Dec 4, 2020 214k views
Kajsa asked Dec 4, 2020
by Kajsa
8.5k points
2 answers
5 votes
214k views