destinyculbert1663 destinyculbert1663
  • 04-05-2022
  • Business
contestada

Compound interest means that interest is calculated on:.

Respuesta :

cherryapple561 cherryapple561
  • 04-05-2022

Answer: initial principal

Explanation:

Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

Answer Link

Otras preguntas

Civil magistrates in Massachusetts set up a special court in 1692 to
Which is the best definition of a phylogenetic tree
Consider the sequence: 8;18;30;44. Write down the next two terms of the sequence
A + B = C + D + heat Which reactions are exothermic and which are endothermic? (forward and reverse)
The process of exposing animals to caring human contact is known as.......?A.) ImprintingB.) Fear periodc.) Sensitive periodD.) Socialization
The social class system in Latin America during the 16th and 17th centuries reflects the
Cancer is caused when abnormal cells grow uncontrollably. true or false
8;18;30;44;.... calculate the nth term of the sequence
What was a major result of the glorious revolution
a bottle rocket that was made in science class has a trajectory path that followed the quadratic equation y equals negative x squared + 4x + 6 what is the turni