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Author Question: ________ is the amount earned on a deposit that has become the part of the principal at the end of a ... (Read 116 times)

Pineapplelove6

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on: Jul 10, 2018
________ is the amount earned on a deposit that has become the part of the principal at the end of a specified time period.
 
  A) Discount interest
  B) Compound interest
  C) Primary interest
  D) Future value

Question 2

Everything else being equal, the longer the period of time, the lower the present value.
 
  Indicate whether the statement is true or false


jaaaaaaa

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Reply #1 on: Jul 10, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


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Pineapplelove6

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Reply #2 on: Jul 10, 2018
Thank you :)


jaaaaaaa

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Reply #3 on: Jul 10, 2018
Happy to help you


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