Author Question: When money earns interest on interest, it is said to be compounding. (Read 75 times)

fnuegbu

  • Hero Member
  • *****
  • Posts: 539

When money earns interest on interest, it is said to be compounding.


◦ true
◦ false


Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359

Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

fnuegbu

  • Hero Member
  • *****
  • Posts: 539

Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359
Always glad to help...



 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library