Question: Interest earned only on the initial principal amount is called: Group of answer choices double interest compound interest simple interest dual interest free interest

Interest earned only on the initial principal amount is called:

Group of answer choices

double interest

compound interest

simple interest

dual interest

free interest

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

1. Interest earned on both the initial principal and the interest reinvested from prior periods is called: A. Free interest B. Dual interest. C. Simple interest D. Interest on interest. E. Compound...

Q:

25. ___________ is the interest earned on both the initial principal and the interest reinvested from prior periods. Simple interest Compound interest Interest on interest Free interest Dual interest...

Q:

_______ is the interest earned on both the initial principal and the interest reinvested from prior periods. Dual interest Free interest Simple interest Interest on interest Compound interest

Q:

Please answer all questions or don't answer at all.. Introduction to Valuation: The Time Value of Money 21. You are investing $100 today in a savings account at your local bank. Which one of the...

Q:

12. The interest earned on both the initial principal and the interest reinvested from prior periods is called: A) free interest. B) dual interest. C) simple interest. D) interest on interest. E)...

Q:

can you answer all questions please? 1) Interest earned on both the initial principal and the interest reinvested from the prior periods is called: A. Free interest B. Dual interest C. Simple...

Q:

Please circle the answer the following questions: 1. You are investing $100 today in a savings account at your local bank. Which one of the following terms refers to the value of this investment six...

Q:

31) Interest earned on both the initial principal and the periods is called: interest reinvested from the prior a) Free interest b) Dual interest- c) Simple interest d) Interest on interest e)...

Q:

Cullen invested $ 5 , 0 0 0 five years ago and earns 6 percent annual interest. By leaving his interest earnings in her account, he increases the amount of interest he earns each year. His investment...

Q:

1. As time gets longer the present value of a future value gets: A. Stays the same B. Gets larger C. Gets smaller D. Gets inflated As the interest rate increases the future value of a lump sum gets:...

Q:

I am working on an accounting project related to a supermarket and would like to seek help with regard to its costing system. I was asked to describe the companys costing system. I have identified a...

Q:

Compute 2 ln (see Equation 9.4.1) for the nightmare data of Case Study 9.4.2, and use it to test the hypothesis that pX = pY. Let = 0.01.

Q:

11. Between 1929 and 1933, output fell . (LO3) a) by about one-tenth c) by about one-half b) by about one-third d) by about two-thirds

Q:

9. (15 points) A company is considering a new project that requires an investment of \$5 million. The project is expected to generate cash flows of $2 million in year 1,$3 million in year 2, and $4...

Q:

A Think about the unique language of your job or of the discipline in which you are majoring. Have you picked up any jargon that might seem confusing to someone outside the field?

Q:

1. A friend asks what youd like to do tonight. A. Oh, whatever you want. B. I heard about a party on Garden Street. C. Id like to rent Juno and make Indian food.

Q:

C What kinds of jargon have you been exposed to via television, film, and novels? Do you find some medical jargon familiar having watched many seasons of House or Greys Anatomy? Do you feel at ease...