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How to Write a Program to Calculate Compound Interest. Whether it's figuring the mortgage on commercial property or the rate on a short-term loan, compound interest calculations are a basic ...
Simple interest is based on the principal amount of a loan, while compound interest is based on the principal plus accumulated interest. Learn more in our guide.
Revise using the multiplier method to calculate appreciation, depreciation and compound interest. BBC Bitesize Scotland revision for SQA National 5 Maths.