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Author Question: The primary difference between simple and compound interest is that (Read 106 times)

mrsjacobs44

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Question 1

The amount of money that would have to be invested today at a given interest rate over a specific period in order to equal a future amount is called
◦ future value.
◦ present value.
◦ future value interest factor.
◦ present value interest factor.

Question 2

The primary difference between simple and compound interest is that
◦ simple interest is only paid at the end of the investment period.
◦ compound interest entails receiving interest payments on previously earned interest.
◦ compound interest is paid up front and not when the investment matures.
◦ simple interest is not taxed by the federal government.
◦ simple interest earns a higher interest rate on reinvested interest than compound interest.


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Marked as best answer by mrsjacobs44 on Apr 25, 2021

jackie

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mrsjacobs44

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Reply 2 on: Apr 25, 2021
Thanks for the timely response, appreciate it


jamesnevil303

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Reply 3 on: Yesterday
Excellent

 

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