Business
Business, 03.03.2021 14:00, taylor5384

How does compound interest differ from simple interest? A. Compound interest is charged to somebody who borrows money
using a credit card.
B. Compound interest must be paid each month rather than all at
once.
C. Compound interest is charged on both previous interest and the
original money owed.
D. Compound interest is available only to businesses and not to
individual consumers.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 19:40, yoyo80431
Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership
Answers: 3
image
Business, 22.06.2019 23:30, ameliaxbowen7
Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?
Answers: 1
image
Business, 23.06.2019 00:30, mj1226
How much of your paycheck do you have immediate access to once you deposit it into your bank account a. all of it b. a portion of it c. none of it
Answers: 1
image
Business, 23.06.2019 03:00, oliviacalhoun29
If big macs were a durable good that could be costlessly transported between countries, which of the following would present an arbitrage opportunity? check all that apply. exporting big macs from argentina to the united states. exporting big macs from the united kingdom to poland. exporting big macs from switzerland to china
Answers: 1
Do you know the correct answer?
How does compound interest differ from simple interest? A. Compound interest is charged to somebody...

Questions in other subjects: