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    Exam 3: Essential Concepts in Finance: Part B
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    Compound Interest Can Best Be Described As
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Compound Interest Can Best Be Described As

Question 144

Question 144

Multiple Choice

Compound interest can best be described as:


A) interest on interest only.
B) the discount rate.
C) interest on interest and interest on original principal.
D) interest earned on the original principal.

Correct Answer:

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