Between simple and compound interest, which will produce a greater interest at the end of the fifth period?
Financial institutions will make more money if they use simple interest on the loans they give out?
Between simple and compound interest, which will produce a greater interest at the end of the first period?
Compound interest accumulates over time while e simple interest stays constant?
Eloundou saves 100,000frs at the ‘njangi’ at 7% per month, what will be the total interest in 3 months?
