Interest calculated only on the principal amount is called a. annual interest. b. basic interest. c. simple
Question:
Interest calculated only on the principal amount is called
a. annual interest.
b. basic interest.
c. simple interest.
d. compound interest.
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Related Book For
Horngrens Accounting The Managerial Chapters
ISBN: 9781292105871
11th Global Edition
Authors: Tracie L. Miller-Nobles, Brenda L. Mattison, Ella Mae Matsumura
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