What is compound interest?

compound interest occurs when the interest you earn on the principal amount of an investment (or loan) is added back to the principal – more simply put, you earn interest on your interest. another way to think about this is instead of pocketing the interest you make on an investment, you actually reinvest it, increasing the principal amount. as a result, this will make the sum grow much quicker than if you were receiving simple interest where interest is only accrued on the original principle. although this may sound like a small distinction, the difference can have extremely large impacts.

Pursuant to the video, if the news reporter had challenged the reasonableness of her detention by the coach store, coach could have claimed the which is also known as merchant protection statutes according to the book.

Long-distance providers are becoming increasingly concerned about certain activities within their industry. various companies come together voluntarily to implement new standards of social responsibility that members must abide by. what seems to be the primary motivation in this case for an increased interest in social responsibility? - because corporations are creations of society, they are responsible for giving back to the communities in which they operate.- these companies have realized it is in their best interest to increase their social responsibility before they are once again subject to stricter regulations.- these companies are using social responsibility as a means to increase their profitability, both short term and long term.- long-distance providers have started taking pride in their industry and its record for social responsibility.- they feel a responsibility to their stockholders, employees, the government, investors, and society as a whole.

How do communism and socialism differ in terms of the role that government plays in the economy ?