Author Question: ________ is the amount earned on a deposit that has become the part of the principal at the end of a ... (Read 115 times)

Pineapplelove6

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________ 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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Answer to Question 1

B

Answer to Question 2

TRUE



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