Mathematics, 08.10.2020 07:01 jackie6852

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

Answers: 2

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Compound interest is . A.
the fee that borrowers pay for temporary use of a lender’s money

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More questions: Mathematics Another questions

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

Answers

Another question on Mathematics

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