The initial deposit into an account? a. compound interest b. simple interest c. interest rate d. principal

asked Dec 23, 2022 48.0k views

3 votes

The initial deposit into an account?

a. compound interest
b. simple interest
c. interest rate
d. principal

6.9k points

Please log in or register to add a comment.

1 vote

Answer:

Explanation:

Simple interest is based on the principal amount of a loan or deposit.

Satgi answered Dec 28, 2022

by Satgi

7.1k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.1m questions

10.7m answers