The principal increases and interest becomes greater. This statement is possible in

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The principal increases and interest becomes greater. This statement is possible in

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Thiên Di 5 years 2021-08-19T23:06:57+00:00 1 Answers 25 views 0

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  1. thucuc
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    2021-08-19T23:08:52+00:00
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    Answer:

    With compound interest the interest is added to the principal at the end of each interval. Thus, the principal increases and so the interest becomes greater for each interval.

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