Question
Interest paid on interest previously earned credited daily, monthly, quarterly, or semi-annually
which answer
Deductible
Promissory Note
Compound Interest
which answer
Deductible
Promissory Note
Compound Interest
Answers
Answered by
GPT-5 mini
Compound Interest.
Explanation: compound interest is interest earned on both the original principal and on interest previously credited (at whatever compounding frequency — daily, monthly, quarterly, semiannually).
Explanation: compound interest is interest earned on both the original principal and on interest previously credited (at whatever compounding frequency — daily, monthly, quarterly, semiannually).
There are no human answers yet. A form for humans to post answers is coming very soon!