1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ulleksa [173]
3 years ago
10

Why does compound interest earn more than simple interest

Business
1 answer:
bonufazy [111]3 years ago
5 0

Answer:

Answer to the following question is as follows;

Explanation:

Compound interest accelerates the growth of money because, in response to gaining returns on the investment you invest, you also gain revenue on those yields at the conclusion of each compounding period, which might be daily, monthly, bimonthly, or yearly.

The amount owed of a loan or investment is used to calculate simple interest. Compound interest, on the other hand, is calculated using the principle amount and the inclination that accumulates on it over time.

You might be interested in
At the end of this section, the author provides links to self-assessments to help determine if an individual has what it takes t
LUCKY_DIMON [66]

Answer:

The correct answer is entrepreneurs are born, not made.

Explanation:

Entrepreneurs, social psychologists and economic theorists have speculated on whether entrepreneurs are born or made, in other words, if you are predisposed to become an entrepreneur because of your genetic constitution, or if that provision comes from your environment, conditioning or other external factor.

For most entrepreneurs, it is comforting to think that business men and women are made, that even if they lack the "right" DNA, practice, experience and sufficient conditioning to be a success.

6 0
3 years ago
13. The primary difference between GDP and Real GDP is
professor190 [17]

Answer:

I think option D is correct

3 0
2 years ago
The​ short-run phillips curve shows​ that, other things remaining the​ same, _______.
Triss [41]
The short- run Phillips curve shows the relationship between inflation and the unemployment rate f<span>or a given level of anticipated inflation and natural unemployment rate</span><span>
The​ short-run Phillips curve shows​ that, other things remaining the​ same, </span>real GDP increases above potential GDP.
4 0
3 years ago
Which of the following skills is necessary for a market researcher?
stira [4]

Answer:

i think the answer is Creativity

4 0
3 years ago
Que es el asiento contable
Blababa [14]

Answer:

En contabilidad, se denomina asiento contable al conjunto de anotaciones o apuntes contables que se hacen en el libro diario de contabilidad, que se realizan con la finalidad de registrar un hecho económico que provoca una modificación cuantitativa o cualitativa en la composición del patrimonio de una empresa.

8 0
3 years ago
Other questions:
  • All managers are by necessity leaders. <br> O True <br> O False
    12·2 answers
  • Illinois Woodworking Company is preparing its statement of cash flows using the indirect
    5·2 answers
  • Typically, you will receive a very low interest rate on money you deposit in a bank. Interest rates on car loans and business lo
    5·1 answer
  • MARKETING PLEASE HELP
    15·1 answer
  • Assume a competitive firm faces a market price of $60, a cost curve of C = 0.004q^3 + 30q + 1000, and a marginal cost of curve o
    15·1 answer
  • Assume that you have a subsidiary in Australia. The subsidiary sells mobile homes to local consumers in Australia, who buy the h
    10·1 answer
  • Shiro enrolled in Composition 101, a three-credit course. If this class meets twice a week, how long should Shiro expect each cl
    11·1 answer
  • Cash flows: Hillman Corporation reported current assets of $3,495,055 on December 31, 2017 and current assets of $3,103,839 on D
    15·1 answer
  • Steve and Stephanie Pratt purchased a home in Spokane, Washington, for $575,000. They moved into the home on February 1 of year
    5·1 answer
  • What an example of current Marketing situation of a business or service​
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!