Question: Question 1 0 Why is compounding considered beneficial for long - term investments? It results in a fixed return on the investment. It results in
Question
Why is compounding considered beneficial for longterm investments?
It results in a fixed return on the investment.
It results in interest being earned on interest.
It offers tax benefits on the returns.
It decreases the risk associated with the investment.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
