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pickupchik [31]
3 years ago
11

Why is compound interest preferable to simple interest? A.Compound interest pays at least double the interest on the principal d

uring each month. B.Compound interest is paid by the week or by the month, not only once during a year. C.Compound interest is based on the entire principal, not just a percentage of the principal. D.Compound interest pays interest on the principal and the interest earned in each period.
History
2 answers:
Mama L [17]3 years ago
8 0
The correct answer is B.
djverab [1.8K]3 years ago
6 0

Answer:

<u><em>D.</em></u> Compound interest pays interest on the principal and the interest earned in each period.

Explanation:

just took the test

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