Social Studies, 02.06.2021 05:00 biaxialpower789

Why is compound interest preferable to simple interest when investing? ξ ΟΟΟΟ
O Compound interest pays at least double the interest on the principal during each month.
O Compound interest is paid by the week or by the month, not only once during a year.
Compound interest is based on the entire principal, not just a percentage of the principal.
Compound interest pays interest both on the principal and the interest earned in each period.

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