Health
Health, 01.07.2019 12:00, kwhitt

Interest calculated not only on the original principal but also on the interest already accumulated is called: a) compound interest b) credit rating c) annual d) percentage rate (apr) e) average daily balance method

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Computers and Technology, 30.06.2019 22:00, tubbs45
Compound interest is a. the fee that borrowers pay for temporary use of a lender’s money b. the initial amount of money invested c. the interest calculated based solely on the principal d. the interest calculated based on the principal as well as interest earned
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Mathematics, 25.07.2019 10:20, monae7803
Which descriptions about simple interest and yearly compounded interest are true? check all that apply. only compound interest has an exponent in its formula. simple interest is earned on principal and interest. compound interest earns more money than simple interest at the same rate for the same amount of time. simple interest earns more money than compound interest at the same rate for the same amount of time. simple interest is only earned on the original principal investment. only compound interest earns the same interest amount every year. only simple interest uses time in its formula. compound interest is earned on principal and interest.
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History, 31.07.2019 21:00, codyfore141
Why is compound interest preferable to simple interest? a.compound interest pays at least double the interest on the principal during each month. b.compound interest is paid by the week or by the month, not only once during a year. c.compound interest is based on the entire principal, not just a percentage of the principal. d.compound interest pays interest on the principal and the interest earned in each period.
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Business, 21.09.2019 18:30, Blazingangelkl
Why is compound interest preferable to simple interest? compound interest pays at least double the interest on the principal during each month. compound interest is paid by the week or by the month, not only once during a year. compound interest is based on the entire principal, not just a percentage of the principal. compound interest pays interest on the principal and the interest earned in each period.
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