psic21mar psic21mar

04-02-2020
Social Studies

contestada

With compound interest, what happens when you start compounding more and more frequently?

Respuesta :

beingteenowfmao beingteenowfmao

04-02-2020

Answer:

Your money grows faster because the interest is added back into the principle and then the next time it compounds you get interest on the new principle amount.

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