Joseph1542 Joseph1542
  • 02-04-2018
  • Business
contestada

The annual interest earned on an amount deposited into a bank account will be the same each year when compound interest is used.
a. True
b. False

Respuesta :

selinarowerp6g3ck
selinarowerp6g3ck selinarowerp6g3ck
  • 02-04-2018
False. A good way to think of this is that you are reinvesting your interest.
Answer Link

Otras preguntas

what is the difference between atoms and ions​
9. Find DP please help!!!!!!
Fill in the boxes with values that make the statement true.
HELP ASAP find the volume of the figure. (3.14 as pi)
find the accumulated value when $1000.00 is invested for 5 years at 6% annual interest rate compounded quarterly ​
The pH of a solution is a measure of how acidic or basic it is. The greater the pH, the more basic the solution is. Corals and other marine invertebrates requir
My aunt....... here tomorrow. She is abroad until next week.1_can't come2_Won't have to come 3_needn't have come 4_shouldn't be coming 5_can't have been coming​
What is the measure (in radians) of central angle o in the circle below? 4 cm o 6 cm​
This is so unhelpfull these answers are noobish
At rest the lens of the eye will be more round when the ciliary muscles are contracted true or false