Simple interest does not factor in the interest from previous years and only includes the original principal amount in the calculation. That differs from compound interest, which takes the original amount invested or borrowed and
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Inflation can make everybody’s money go less further than it used to. It is an economic condition where prices of goods and services are slowly increasing, and the purchasing power of your money gradually drops
The economic and political uncertainties have made it challenging for investors due to the highly volatile situation they created in the global stock markets. As market players worry about a potential recession worldwide, investors could