yasmeen100
yasmeen100 yasmeen100
  • 25-02-2021
  • Business
contestada

What is the definition of compound interest? ( say in your own words and not from the internet )

Respuesta :

cuevasalessandro9
cuevasalessandro9 cuevasalessandro9
  • 25-02-2021

Answer:

Compound interest (or combining interest) is that the interest on a loan or deposit calculated supported each the initial principal and also the accumulated interest from previous periods.

Answer Link

Otras preguntas

If all squares are rectangles, and if all rectangles are parallelograms, then all squares are parallelograms. Which law of property does this example illustrate
In the diagram, P1P2 and Q1Q2 are the perpendicular bisectors of bar(AB) and bar(BC), respectively. A1A2 and B1B2 are the angle bisectors of angle A and angle B
Why did Churchill replace chamberlain as Britain’s new prime minister shortly after World War II begins
Find the equation of the circle that has a diameter with endpoints located at (-3,6) and (9,6)
The lateral area of a regular pyramid with an octagonal base is 109.9 cm2. If the slant height is 6.7 cm, find the length of one side of the base. Round to the
Which medical practitioner uses needles to treat ailments? A. yerbero B. espiritualista C. acupunturista D. curandero
What is the slope of a line that is perpendicular to the line who’s equation is y=4/5x-3
A culture started with 5,000 bacteria. After 8 hours, it grew to 6,000 bacteria. Predict how many bacteria will be present after 10 hours. Round your answer to
Who were the Viet Minh and the Vietcong?
Why is the answer B? Plz explain.