Compound interest is usually better than simple interest because it pays? A - interest on the principle and the interest earned in each period. B - interest on the entire principle rather than the interest in each period. C - more, as it is matched by an employer's 401K contribution. D - more often throughout the year rather than once a year.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Compound interest is usually better than simple interest because it pays? A - interest on the principle and the interest earned in each ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
At the beginning of the year, Mitchum Enterprises allows for estimated uncollectible accounts of $14,000. By the end ofthe year, actual bad debts total $15,000. Record the write-off to uncollectible accounts.
Answers (1)
A cashier earned $461 a week last year. what was her yearly salary?
Answers (1)
To have an effective marketing exchange process, you must make sure it involves a customer, a provider, a product, and a:
Answers (1)
Based on the balance
Answers (1)
At year-end (December 31), Chan Company estimates its bad debts as 0.30% of its annual credit sales of $673,000. Chan records its Bad Debts Expense for that estimate. On the following February 1, Chan decides that the $337 account of P.
Answers (1)
New Questions in Business
What does a clean kitchen show an inspector about a restaurant? a. a clean kitchen shows that the person in charge is working their shift. b. clean kitchens show that the team is healthy and not sick. c.
Answers (1)
Benjamin Company had the following results of operations for the past year: Sales (16,000 units at $10) $ 160,000 Direct materials and direct labor $ 96,000 Overhead (20% variable) 16,000 Selling and administrative expenses (all fixed) 32,000
Answers (1)
In order to achieve a high economic freedom rating, what should a country do?
Answers (1)
Find the ordinary time of a loan made on March 10 and due on May 10. 30 days 60 days 61 days 62 days
Answers (1)
Javier's employer pays for 43% of his annual health insurance premium. Javier pays the remaining balance by having it deducted from his paychecks in equal amounts twice a month throughout the year. If $157.
Answers (1)