True/False
If you only earned interest on your initial investment,and not on previously earned interest,it would be called simple interest.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q37: Leigh Delight Candy,Inc.is choosing between two bonds
Q38: You sell valuable artifacts from your household
Q39: You have just purchased a share of
Q40: If the interest rate is positive,then the
Q41: A share of preferred stock that pays
Q43: Suppose a corporation can change its depreciation
Q44: You plan to go to Asia to
Q45: If Cathy deposits $12,000 into a bank
Q46: You bought a racehorse that has had
Q47: Your son is born today and you