How does the maturity value of simple interest A = P(1 + rt) compare to the maturity (future) value of compound interest ...

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How does the maturity value of simple interest A = P(1 + rt) compare to the maturity (future) value of compound interest? The formula for the maturity value of compound interest is A = P(1 + i)n where i = m/n and n = m*t.

    • 8 years ago
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    In a Simple interest scheme, the principal remains constant ...
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