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777dan777 [17]
2 years ago
13

Compound interest means that interest is calculated on:.

Business
1 answer:
ira [324]2 years ago
6 0

Answer: initial principal

Explanation:

Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.

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list four strategies that individuals, families, businesses, and government apply when making financial decisions.
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The success of your firm will depend on the wiser financial decisions you make, among other things. Financial errors can have devastating repercussions and seriously ruin your business venture. You must be familiar with your company's financial data in order to develop stronger financial decision-making techniques.

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Learn more about the Business finance with the help of the given link:

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