answersLogoWhite

0


Best Answer

For the second (and subsequent) periods, if the interest is to be calculated for the original sum PLUS the interest earned so far then it is compound interest. If only the original amount earns interest in all periods then it is simple interest.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do you know whether a maths question is asking you to work out compound or simple interest?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the first step in asking and refining a research question?

The first step in asking and refining a research question is to identify a topic of interest.


How do you know if you are a mystic?

One could argue that if you are one, asking the question would not occur to you. One could also argue that if you have no idea whether or not you are one, that is evidence that you are. On the other hand, a true mystic would have no interest in the question whatsoever.


Whether they live in tent?

WHO? Your question has to identify who you are asking about in order for anyone to answer it.


Is sulfuric acid a compound a mixture or a element?

It is a compound- and do not write in this area when asking a question. If you do, the computer sends it to the "already answered" bucket.


How do you make friendship a girl?

Friendship starts, by conversation. Finding out interest and asking question.


Do 'whether or not' sentences end with a question mark?

If they are questions, then those sentences need a question mark. Many 'whether or not' sentences are not asking anything, they are simply stating alternatives. 'Have you decided whether to go to London or not?' is a question, but 'I haven't decided whether to go to London or not' is a statement and not a question.


What is the smallest unit of covalent compound?

i asked you the same question and you are asking me to answer it. oh man so i got no way to find the answer to this question


What Mexicans make?

this is a racist question, whether it was meant as a joke or not. you should be ashamed of yourself for asking such a question. X(


What is the smallest unit of a molecular compound with the properties of that compound?

Smallest unit of a compound is a molecule.


How do you make friendship with a girl?

Friendship starts, by conversation. Finding out interest and asking question.


Why do you begin the process of asking and refining question to use as the basis of a research essay by identifying a topic of interest?

To narrow the range of possible question


What is the first step in the process of asking and refining a question to use as the basis of a research essay?

Identifying a topic of interest is the first step in the process of asking and refining a question to use as the basis of a research essay.