presleycaylee presleycaylee
  • 14-02-2021
  • Mathematics
contestada

Which statement is true about compound interest?

The interest is figured on the principal only.
The amount in the account grows slower than with simple interest of the same rate.
The interest can be compounded over different time intervals.
The interest in most banks is not calculated using compound interest.

Respuesta :

sophiaromanowski28 sophiaromanowski28
  • 15-02-2021
THE LAST OME IS CORRECT !!!
Answer Link

Otras preguntas

PLEASE HELP I GIVE THANKS
Determine the mass in grams of 125 mol of neon
The volume of a cube is 0.015625 m3. Determine the length of each side
Socrates A. wrote works praising one of the other philosophers who left no writings B. taught by asking questions C. analyzed how people used and could use logi
what was the Harlem Renaissance?
Mark the TRUE statement(s). The Axis powers were made up of a coalition of countries that opposed the Allied powers in World War II. Political, economic, and so
how does the structure of the pencil relate to its function?
What are the convection currents, and how do they affect the earth's asthenosphere
36 is the same as _____ radians. Round to the nearest hundredth of a radian. (Points : 2)
What are the powers of 3 between 3 and 1000?