Learn Compound vs. Simple Interest
Interest is a fee paid on borrowed assets. It is the price paid for the use of borrowed money, for example you made a loan in a bank so there’s a certain amount of money you need to pay aside from the...
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How to Calculate Simple Interest
In my old post, I compared simple interest with compound interest and what are the differences between the two. In this article, I would like to show you how to compute for simple interest since it is...
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