________ is the amount earned on a deposit that has become the part of the principal at the end of a ...

Author Question: ________ is the amount earned on a deposit that has become the part of the principal at the end of a ... (Read 112 times)

Pineapplelove6

Hero Member
Posts: 560

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

Sr. Member
Posts: 341

Reply #1 on: Jul 10, 2018

Answer to Question 1

B

Answer to Question 2

TRUE

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Pineapplelove6

Hero Member
Posts: 560

Reply #2 on: Jul 10, 2018

Thank you

jaaaaaaa

Sr. Member
Posts: 341

Reply #3 on: Jul 10, 2018

Happy to help you

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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 112 times)

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