The interest earned in succeeding period will be add to the principal and become the new principal that will earn interest. Continuous Compound Compound Interest Discount Simple Interest

Structural Analysis
6th Edition
ISBN:9781337630931
Author:KASSIMALI, Aslam.
Publisher:KASSIMALI, Aslam.
Chapter2: Loads On Structures
Section: Chapter Questions
Problem 1P
Question
The interest earned in succeeding period will be add to the principal and become
the new principal that will earn interest.
Continuous Compound
Compound Interest
Discount
Simple Interest
Transcribed Image Text:The interest earned in succeeding period will be add to the principal and become the new principal that will earn interest. Continuous Compound Compound Interest Discount Simple Interest
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