Which type of interest calculation does not take into account the effect of compounding?
Which type of interest calculation does not take into account the effect of compounding?
کس قسم کے سود کا حساب کتاب مرکب کے اثر کو مدنظر نہیں رکھتا؟
Explanation
Simple interest is calculated on the principal only.
It does not include compounding.