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How is simple interested calculated differently from coupounded interest? - Answers

With compound interest the interest amount is added to the principle and then earns interest as well. This is usually expressed as an annual percentage rate (APR). Simple interest is not added to the principle and does not earn further interest and is used rarely.



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How is simple interested calculated differently from coupounded interest? - Answers

https://math.answers.com/math-and-arithmetic/How_is_simple_interested_calculated_differently_from_coupounded_interest

With compound interest the interest amount is added to the principle and then earns interest as well. This is usually expressed as an annual percentage rate (APR). Simple interest is not added to the principle and does not earn further interest and is used rarely.



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https://math.answers.com/math-and-arithmetic/How_is_simple_interested_calculated_differently_from_coupounded_interest

How is simple interested calculated differently from coupounded interest? - Answers

With compound interest the interest amount is added to the principle and then earns interest as well. This is usually expressed as an annual percentage rate (APR). Simple interest is not added to the principle and does not earn further interest and is used rarely.

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      With compound interest the interest amount is added to the principle and then earns interest as well. This is usually expressed as an annual percentage rate (APR). Simple interest is not added to the principle and does not earn further interest and is used rarely.

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