What do u think which is more Simple Interest or Compound Interest?

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asked Nov 4, 2023 3.0k views

4 votes

What do u think which is more Simple Interest or Compound Interest?

Mathematics
high-school

Abekenza asked

by Abekenza

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Answer:

When it comes to investing, compound interest is better since it allows funds to grow at a faster rate than they would in an account with a simple interest rate.

MacUserT answered Nov 10, 2023

by MacUserT

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