Question

1. Compound interest is:

a. the price of using someone else's money.
b. the original amount of money deposited or invested.
c. the part of a person's income that is not spent or used to pay taxes.
d. interest computed on the sum of the original principal and accrued interest.
e. a method to estimate the number of years it will take for an investment or debt to double in value.

Answer 1

D

Step-by-step explanation:

The answer is D. It is the interest computed on the sum of the original principal and accrued interest.