Complete the compound interest idea
Exercise and reference answers
- Missing parts
- Answer
- previous
- Choices
- previous
- first
- final
- Answer
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- Choices
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- minus
- times
- Complete the statement
- Compound interest is the interest calculated on the {0} year's amount, where amount equals principal {1} interest.
Explanation
One line separates it from simple interest. Source: syllabus Maths, Ch 7 Comparing Quantities.