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Complete the compound interest idea

Exercise and reference answers

Missing parts
  1. Answer
    previous
    Choices
    1. previous
    2. first
    3. final
  2. Answer
    plus
    Choices
    1. plus
    2. minus
    3. 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.
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