Register
Compound interest earns more than simple interest at the same interest rate because compounding pays interest on the interest earned. True False
218k views
0 votes
Compound interest earns more than

simple interest at the same interest
rate because compounding pays
interest on the interest earned.
True
False

User Kamela
by
6.3k points

2 Answers

6 votes

Answer:

True

Explanation:

User Max Cruz
by
7.3k points
5 votes

Answer: True

Explanation:

User TheComputerM
by
6.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.7m questions

10.4m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!