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natta225 [31]
3 years ago
15

Compound interest yields considerably higher interest than simple interest. true false

Social Studies
2 answers:
alexgriva [62]3 years ago
7 0
True compound interest is higher
ExtremeBDS [4]3 years ago
7 0

Answer:

true is the correct answer

Explanation:

Compound interest in which interest is earned on both principal and investment and Simple interest is computed on the principal.

Compound interest yields considerably higher interest than simple interest because the funds grow at a more rapid rate and interest is earned in every period and to making profits on the money we spend, we can also gain profits on these returns at the end of each compounding time, which could be monthly, annually, regular and quarterly.

Hence,that the reason Compound interest yields considerably higher interest than simple interest.

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Does anyone, ANYONE have the answer key for this? it's do at 12, please help me​
sweet-ann [11.9K]

Answer:

I found it!

quizletcom/79475963/world-history-chapter-11-rome-republic-to-empire-lesson-2-flash-cards/

This might seem like a virus like the other answer, but if you look at the link you can see it's a quizIet link

Also, remember to put a "." inbetween "quizIet" and "com", I had to remove it because it is not allowed by Brainly

Goodluck! :D

5 0
2 years ago
How did events on the battlefield affect Lincoln’s re-election
forsale [732]
The more battles he won, the more likely he would become president
5 0
3 years ago
It is said that over ______ authors 40 authors wrote the Bible *<br> 140<br> 114<br> 4<br> 40
Stels [109]

When it comes to those who contributed to the Bible, it is said that there were over <u>40 authors.  </u>

<h3>Who wrote the Bible?</h3>
  • It is said that the Bible was written by God through the hands of around 40 authors.
  • These authors spanned a period of over 1,500 years.

The Bible has several books contained within it with some of these books being written by several authors, others being written by a single author, and a single author writing multiple books.

In conclusion, option D is correct.

Find out more on the Bible at brainly.com/question/20874428.

8 0
2 years ago
Sharon typically watched televised news stations that support her existing political beliefs. She is less inclined to watch the
alexdok [17]

Answer:

Confirmation bias

Explanation:

According to the given statements in the question it can be concluded that the Sharon's approach illustrates " the confirmation bias ".

The confirmation bias means that a person seeks for the information or evidences that take forward their personal beliefs or gives a confirmation to the thoughts or beliefs that are already in their mind.

Here,

Sharon looks for the news that supports her existing political belief.

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The addition of new resources often enables a nation to
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The addition of new resources often enables a nation to advance economically and technically. They are able to make new tools and conduct new experiments. New resources also make a nation able to make money by trading that item to another nation.
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3 years ago
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