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gogolik [260]
3 years ago
14

When the amount earned on a deposit has become part of the principal at the end of a specified time period the concept is called

Business
1 answer:
mina [271]3 years ago
4 0

Answer:

Compound interest

Explanation:

Compound interest is a method of measuring interest by which interest is applied to the principal amount over time. You not only earn interest on the principal amount but also collect interest on your interest.

This tends to happen because you save your interest, rather than withdraw it

Hence, the compound interest is the correct answer

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D

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Why is it important to file your federal incomes taxes every year?.
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Avoid losing future refunds.

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if you followed the suggestions of robert m. mcmath, which of these provides the best advice for a marketer for colgate, when la
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5 0
1 year ago
When making a payment of FUTA taxes, the employer must make the payment by the: a.10th of the month after the quarter. b.end of
Murljashka [212]

Answer:

Correct option is D.

<u>End of the month after the quarter.</u>

Explanation:

FUTA taxes must be paid quarterly by the last day of the month following the end of the calendar quarter.

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