kaylamariejones kaylamariejones

05-12-2016
Business

contestada

In 1 or 2 sentences, describe why compound interest earns more money than simple interest.

Respuesta :

OQCardillo OQCardillo

29-07-2017

Simple interest is set in place by an interest rate that is multiplied by the total amount of money you have in place. While compound interest is essentially interest on top of your simple interest. It accumulates over time making you more money.

Answer Link

Otras preguntas

The use of phrases, fragments, and punctuation can affect the pace and mood of a text. How would you describe the pace of the following passage? "For the most w

Which of the following statements is true of patients' right to have errors corrected in their medical records? A. The doctor doesn't have to make the c

During a typical human pregnancy, from week 11 onward, your baby will continue to develop and grow until the end of your pregnancy. At this point, the human off

Given that cosθ=x6 . which expression represents θ in terms of x?

Which mineral mostly forms through chemical precipitation? A) Salt B) Silicon C) Aluminum D) Clay

Suppose that your data shows that Saturn orbits every 29.5 years. To the nearest hundredth of an au, how far is Saturn from the Sun? Saturn’s Distance from the

Using e-mail has decreased the number of hand-written letters that people send to their friends and relatives. this is a ____ function of e-mail.

One number is 1 less than a second number. Twice the second number is 25 less than 5 times the first. Find the two numbers.

Hannah’s job involves researching the complex interactions that occur between living organisms and Earth’s nonliving systems. Which discipline of Earth and spac

Which of the following is a good conductor of electricity? A. Glass B. Plastic C. Rubber D. Water

Q&A Education