Simple interest is calculated only on the principal amount of a loan.Compound interest is calculated on the principal amount and also on the accumulated interest of previous periods, and can thus be regarded as “interest on interest
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Answer:
E. Store of value
Explanation:
A store of value is the function of an asset that can be saved, retrieved and exchanged at a later time, and be predictably useful when retrieved. More generally, a store of value is anything that retains purchasing power into the future, as seen for someone putting cash under the mattress.
The answer should be: Education
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