25. Why would a bank charge you compound interest rather than simple interest? A Because they can make more money B Because it is easier to calculate C Because it is easier to pay off D Because it requires

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jul 3, 2021 149k views

5 votes

25. Why would a bank charge you compound interest rather than simple interest?

A Because they can make more money
B Because it is easier to calculate
C Because it is easier to pay off
D Because it requires a better credit score

History
middle-school

Rafael Guillen asked

by Rafael Guillen

6.9k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

4 votes

Answer (D) requires a better credit score

Pcnate answered Jul 5, 2021

by Pcnate

7.7k points

0 Comments

Please log in or register to add a comment.

2 votes

Answer:

Because it requires a better credit score

Step-by-step explanation:

Georg Kastenhofer answered Jul 8, 2021

by Georg Kastenhofer

7.1k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

7.8m questions

10.4m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions