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    Business Mathematics Study Set 1
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    Exam 10: Compound Interest and Inflation
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    Provide an Appropriate Response
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Provide an Appropriate Response

Question 20

Question 20

Essay

Provide an appropriate response.
-Explain the difference between simple interest and compound interest.

Correct Answer:

Answered by ExamLex AI

Answered by ExamLex AI

Simple interest is calculated only on th...

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