
ISDTP - Selvam College of Technology.
February 6, 2025 at 02:25 AM
CATEGORY: Aptitude - COMPOUND INTEREST(CI) – MCQ
Compound interest refers to the interest calculated not only on the initial principal amount but also on the accumulated interest from previous periods for a specified period of time at a fixed annual rate. It is also identified as interest. C.I. is standard in finance and economics.
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