Business, 03.07.2020 16:01, cheaterman4121
After the end of the second year and all other factors remaining equal, a future value based on compound interest will never exceed the future value based on simple interest.
a. True
b. False
The process of earning compound interest allows a depositor or investor to earn interest on any interest earned in prior periods.
a. True
b. False
Answers: 2
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After the end of the second year and all other factors remaining equal, a future value based on comp...
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