Pick the INCORRECT statement about interest. CHOOSE 1 Interest is

Pick the INCORRECT statement about interest.CHOOSE 1 Interest is charged by credit providers in exchange for the use of their
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Pick the correct statement about debt versus saving.CHOOSE 1 If you have to choose between saving and paying off your debt,
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Question 1Find the interest. All rates are annual interest rates. Principal $400 Rate 5% Time 1 year Incorrect answer A. $10
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2. asked by nevaeh
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Which statement BEST describes the function of interest groups? Please choose the BEST answer.A: Interest groups attempt to
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Patricia is investing money. She has $30,000.00 to invest for 25 years. She can choose either simple interest at 1.2% interest,
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2. asked by Anonymous
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What type of interest is based on the principal amount and accumulated interest? (1 point) Responsescompound interest compound
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What type of interest is based on the original amount of money lent out, or the principal? (1 point) Responsessimple interest
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What type of interest is based on the original amount of money lent out, or the principal?(1 point) Responses simple interest
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What type of interest is based on the principal amount and accumulated interest?(1 point) Responses compound interest compound
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find the difference in financial gains when $3200 is invested for eight years with an interest rate of 4.5% for both simple
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