💰 Simple vs Compound Interest Explained!
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💰 Simple vs Compound Interest Explained!
Ever wondered how Simple Interest (SI) and Compound Interest (CI) really work in everyday life? 🤔 Simple Interest – Easy to calculate, fixed on the principal only. Compound Interest – Interest on principal + interest earned, making your money grow faster 📈. From savings & investments to loans & debt, compound interest is everywhere ...
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