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Marina CMI [18]
3 years ago
14

Select the best definition for simple interest rates. Group of answer choices A percentage of the principal borrowed Interest th

at is calculate as a percentage of the principal A percentage of the principal saved Interest that is calculated as a percentage of the principal and previous accumulated interest that was added to the principal
Business
1 answer:
navik [9.2K]3 years ago
6 0

Answer:

Select the best definition for simple interest rates

A percentage of the principal borrowed Interest that is calculate as a percentage of the principal

Explanation:

Simple interest is an easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

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Answer and Explanation:

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Answer:

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Explanation:

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Explanation:

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A few years back (many in fact), there was a product on the market call Laetrile. It was produced from peach pits. It has an overwhelming popularity that Sloan Kettering (the Cancer Clinic in New York -- the oldest and largest one in the world), spent some of their needed grant money  to test Laetrile. The results -- nothing. Imagine what happened to those who marketed this product.  Word got around. People with Cancer are pretty desperate. They and their loved ones will try anything.

But the facts on the internet help to dispel this kind of thing.

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3 uses of money supply
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