Respuesta :
Simple interest = Principal amount x Interest rate x Term of deposit ( in years )
Compound interest is calculated on the principal and accumulated interest.
In real life compound interest is a factor in business.
Answer:
Compound interest means interest accrues A ) more quickly than the simple interest.
Compound interest is calculated on the principal and accumulated interest.
In real life compound interest is a factor in business.
Answer:
Compound interest means interest accrues A ) more quickly than the simple interest.
Answer:
The correct answer is
(D) At variable rates throughout the term
Good Luck
Explanation: