Register
Interest paid on a loan is calculated as a percentage of the what
144k views
2 votes
Interest paid on a loan is calculated as a percentage of the what

User Halvard
by
4.8k points

2 Answers

4 votes

Simple Vs Compound Interest

There are two methods for calculating interest. Simple interest is calculated as a percentage of principal only, while compound interest is calculated as a percentage the principal along with any accrued interest.

User Black Beard
by
4.7k points
5 votes

Answer:

principal

Step-by-step explanation:

User Jambrothers
by
5.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.7m questions

7.4m answers

Other Questions

Paine is echoing frin locke the trying of which principle to the foundation for government that would most support revolt from great britian?
What considerations should you make when choosing a place to live & why?
Culture will impact your observations and assessments because it influences A. a child's ability to meet developmental milestones. B. the way you connect with the family. C. the likelihood a child will
Patients often prefer privacy when it comes to being weighed. They may be embarrassed, in denial, or angry about their weight. How can you communicate, provide privacy, and demonstrate sensitivity to a
How did east european ethnic and religious groups contribute to american culture in the 1800s
Link Copied!