Business

The effective interest rate is best defined as:

Started by savannahhooper

As a rule, in compound interest problems the more compounding periods per year, the greater the ...

Started by renzo156

The dollar amount of a transaction divided by the factor is equal to the compound value.

Started by cabate

Multiplying the number of years by the number of compounding periods in one year results in the ...

Started by jilianpiloj

The compounding rate can be found by dividing the annual rate by the number of compounding periods per day.

Started by elizabeth18

The term "compounding semiannually" means:

Started by futuristic

When compounding interest, a common mistake is to add the interest to the:

Started by luvbio

The difference between the original amount of a loan and the future value is called:

Started by darbym82

"Interest earned on interest" is another way of saying:

Started by folubunmi

When interest is added to the principal amount and then interest is calculated on this new amount, ...

Started by Brittanyd9008

The future value and compound interest can be found using a:

Started by Alygatorr01285

The accumulated principal and interest after one or more interest periods is referred to as the:

Started by luminitza

The period interest rate is: I. the rate for calculating interest for one interest period II. the ...

Started by Brittanyd9008

The primary difference between simple interest and compound interest is that:

Started by kwoodring

Compound interest results in earning or paying less interest than simple interest.

Started by sarasara

Quarterly compounding means that interest is calculated on the balance every three months.

Started by crobinson2013

In order to determine the future value when compounding interest, you cannot use tables.

Started by craiczarry

Principal times rate times time is equal to interest.

Started by kellyjaisingh

Compounded annually means interest is added once a year.

Started by Lisaclaire

To compound daily means to compound 360 times a year.

Started by mynx

The future value minus the principal is equal to the compound interest.

Started by Garrulous

The terms of a loan indicate how often interest is compounded.

Started by Alygatorr01285

The original amount of a loan minus the compound total is the future value.

Started by RYAN BANYAN

The total amount at the end of a compound interest period is called future value.

Started by ereecah

The length of time between which the interest on a loan is compounded is known as future value.

Started by lracut11