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Match the words with their definition.1. simple interest2. principal3. compound interesta. When you deposit money...

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Match the words with their definition.1. simple interest2. principal3. compound interesta. When you deposit money into a savings accountb. interest paid only on the principalc. the bank pays on the principal and the interest already earned

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Match the words with their definition.1. simple interest2. principal3. compound interesta. When you deposit money into a savings accountb. interest paid only on the principalc. the bank pays on the principal and the interest already earned

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