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    Exam 2: How to Calculate Present Values
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    The Concept of Compound Interest Is Best Described As
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The Concept of Compound Interest Is Best Described As

Question 1

Question 1

Multiple Choice

The concept of compound interest is best described as:


A) interest earned on an investment.
B) the total amount of interest earned over the life of an investment.
C) interest earned on interest.
D) the inverse of simple interest.

Correct Answer:

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