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What is compounding interest? A. Interest that's not calculated on a regular basis B. Interest that doubles the principal of an account C. Interest gained only on the principal of an account D. Interest
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3 votes
3 votes
What is compounding interest?

A. Interest that's not calculated on a regular basis
B. Interest that doubles the principal of an account
C. Interest gained only on the principal of an account
D. Interest that's added to the principal of an account ​

User Andrew Richards
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1 Answer

3 votes
3 votes

Answer:

d

Step-by-step explanation:

the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

User Lord Bo
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