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compound...

yes it is compound interest.

Q: Which type of interest is calculated by adding the interest earned to the principal?

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compound...

yes it is compound interest.

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With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.

With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.

With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.

With compound interest, the interest due for any period attracts interest for all subsequent periods. As a result, compound interest, for the same rate, is greater.

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There is simple interest and there is compound interest but this question is the first that I have heard of a simple compound interest.

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its compound interest

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compound interest increases interest more than simple interest

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Loans

Which term is defined as a legal process in which mortgaged property is sold to pay the loan of the defaulting borrower

Which term is defined as the money you owe to a person business or institution that extended a loan to you

Valerie wants to take out a discount loan of 569 The rate is 4.5 percent for 250 days How much interest will she pay

Calculate the simple interest on a loan with a principal of 6.000 an interest rate of 7.39 percent and a term of four years

Which of these in not one of the four elements of a monthly mortgage payment?

Which type of interest is added to the principal at the end of the specified time frame?

Travis has a customer who wants to purchase a portable CD player for 45 at a 20 percent discount What is the amount of the discount?

Which type of interest is figured on a specified time frame?

Calculate the time needed to drive 497 miles from Pittsburgh Pennsylvania to Raleigh North Carolina at 65 miles per hour Round your answer to the nearest tenth?

Which of these is a lien on the property that secures the promise to repay a loan?

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