juliaduenkelsbu juliaduenkelsbu
  • 01-04-2019
  • Mathematics
contestada

The difference between simple and compound interest in a savings account is that ______________.

Respuesta :

absor201
absor201 absor201
  • 14-04-2019

Answer:

The difference is that the simple interest gives you interest only on the deposited amount in the account while the compound interest is calculated over the deposited amount and the previous interest amount added to the deposited amount.

Step-by-step explanation:

Answer Link

Otras preguntas

Which is least likely to be considered an indication of problem behavior in youth? A.A behavior is excessively intense. B.A behavior is qualitatively atypical.
plz hurry!!!! thank you!!!!
Of the 13 Journeymen on a jobsite, there are 5 females. What is the ratio of males to females on this job?
What are the coefficients for the reaction _C12O5 + _H20 - _HCIO3 once it is balanced? O 1, 1, 1 1, 1, 2 O 1, 2, 2 2, 1, 1
need help please ty (: Find x.
IE 10-1 ... AS/AD Model – Suppose this economy is at Year 4 as a result of an "over-expansion" of the Money Supply by the FED. With the Price Level at $2.34 and
How do i figure out this question? I tried to divide the mass and volume but didn't get any correct answers?
which of the following are indigenous to the new world Select all that apply Tomato Llama Chickenpox Wheat Vanilla Turkey Honeybee
As we become more senior and lead larger teams, the focus of leader development becomes more about what action?
In The Absolutely True Diary of a Part-time Indian, Junior eventually gains acceptance in Reardan and on the reservation. Most of the supporting characters seem