We learned about the calculation of interest in this class. As a consumer list several ways...

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We learned about the calculation of interest in this class. As a consumer list several ways...

We learned about the calculation of interest in this class. As a consumer list several ways in which you believe that this calculation will help you.

business accounting

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Answer 1

Answer #1

:This calculation will help you to plan your spending amount. If we want to get the most return on money you save or invest. Simple interest is paid only on the money you save. Compound interest is paid on your principle plus on the interest you have earned already.

The power of interest is the reason that Financial planning and retirement experts recommend starting a retirement plan early

Importance of interest rate: How much is the difference does a 1 % change in the interest rate matter to arrive how much you earn

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Describe the calculation of interest term. An as a customer, list some ways you believe you...

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We learned about the calculation of interest in this class. As a consumer list several ways...

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