Answered

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Is when a lender charges interest on the interest that accumulates on

debt.


A. Simple interest

B. Variable interest

C. Compound interest

D. Principal interest

Sagot :

fifiebube

Answer:

compound interest

Explanation:

Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.

Answer:

C. Compound interest.

Explanation:

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