Related questions with answers
Question
If you are depositing money in an account that pays would you prefer the interest to be simple or compound? Explain your answer.
Solution
VerifiedAnswered 1 year ago
Answered 1 year ago
I would prefer the interest to be compound for it will accumulate more money over a period of time compared to it being simple.
Create an account to view solutions
By signing up, you accept Quizlet's Terms of Service and Privacy Policy
Create an account to view solutions
By signing up, you accept Quizlet's Terms of Service and Privacy Policy
More related questions
1/4
1/7