Author Question: ________ is the amount earned on a deposit that has become the part of the principal at the end of a ... (Read 108 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
________ 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

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

B

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

For a complete list of videos, visit our video library