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What is intrest in economics?

Updated: 12/2/2022
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Q: What is intrest in economics?
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What is the difference between simple and compound interest?

Simple intrest is one you are making on the principle. Compound Intrest is one your are making on principle plus intrest you have earned on it. So basically you are making Intrest on the Intrest you have earned on your principle. For Example: Compound Intrest, You have $5000.00 invested in a CD, First month you have earned $100.00 on that CD in intrest, in following month you will earn more because you are getting paid intrest on your $100.00 you have earned in intrest in first month and it goes on like that. in simple intrest you won't make intrest on intrest you have earned, you will only earn it on actuall $5000.00.


What is a intrest?

an intrest is a group of people you like and hang out.


What are McCain's-interests?

His intrest is becoming president His intrest is becoming president


What are special-intrest groups?

special intrest groups are groups in the government


What are special intrest groups?

special intrest groups are groups in the government


What did Babe Ruth give?

He gave entertainment, hope, intrest in baseball, and intrest in his personal life


How do you solve simple interest?

simple intrest=ptr/100: simple intrest=ptr/100:


Why did the Tories flee the US?

The Tories fled the US during the American Revolutionary War because they were loyal to the British crown and were at risk of persecution or harm by the American patriots who were fighting for independence. Many Tories left the US and went back to Britain or other British territories.


What kind of interest a person can have?

We have two kinds of intrest 1- Simple intrest 2- Compond inrest


British intrest in Canada?

In 1846.


What are dolley madisons intrest?

fashon


What is a point of interest?

A point of intrest is something that will attract tourists to a state or country. (For example Mt. Rushmore National Memorial is a point of intrest.)