Ask a New Question

Based on simple interest, find

What is the difference between simple interest and compound interest?a Compound interest is unpredictable, and does not allow
1. 1 answer
2. asked by Eric23
3. 298 views
What type of interest is based on the original amount of money lent out, or the principal? (1 point) Responsessimple interest
1. 1 answer
2. 115 views
What type of interest is based on the original amount of money lent out, or the principal?(1 point) Responses simple interest
1. 1 answer
2. 215 views
What type of interest is based on the principal amount and accumulated interest? (1 point) Responsescompound interest compound
1. 1 answer
2. 91 views
What type of interest is based on the principal amount and accumulated interest?(1 point) Responses compound interest compound
1. 1 answer
2. 180 views
Mr. Simpson deposits his money in a savings account at the Springfield Bank. Would he earn more money with simple interest or
1. 5 answers
2. 230 views
Between simple interest and compound interest, both at 3%, determine which interest earning type will result in a higher balance
1. 1 answer
2. asked by bully
3. 111 views
Between simple interest and compound interest, both at 3%, determine which interest earning type will result in a higher balance
1. 1 answer
2. asked by bully
3. 106 views
Between simple interest and compound interest, both at 3%, determine which interest earning type will result in a higher balance
1. 1 answer
2. asked by i love tristen<3
3. 66 views
Compounding interest means interest accrues _____.(1 point) Responses more slowly than simple interest more slowly than simple
1. 1 answer
2. asked by Katana Yama
3. 50 views