Question

How does compound interest differ from simple interest?

O A. Compound interest is charged to somebody who borrows money
using a credit card
O B. Compound interest must be paid each month rather than all at
once.
O c. Compound interest is available only to businesses and not to
individual consumers.
O D. Compound interest is charged on both previous interest and the
original money owed.
sunt
SUBMIT

Answer 1

D is the answer Compund interest is charged on the purchased and previous interest.

Step-by-step explanation:

D