If You Are To Invest Your Money, Which Should You Choose An Investments That Earns Simple Interest Or Another Investments That Applies Compound Intere

if you are to invest your money, which should you choose an investments that earns simple interest or another investments that applies compound interest?

 

Interest is defined as the cost of borrowing money or the rate paid on a deposit to an investor. Interest can be classified as simple interest or compound interest. ... To calculate total value with compound interest, you would use this ... For example, an investment that has a 6% annual rate of return will double ..