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Ashurbanipal Ashurbanipal
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A month ago
When the interest from year one is built into the principal balance, the interest is referred to as

▸ differential interest.

▸ future interest accrued.

▸ compound interest.

▸ discounted interest.
Textbook 

Managerial Accounting


Edition: 4th
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CJWVail2CJWVail2
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A month ago
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compound interest.

1

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Ashurbanipal Author
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A month ago
Brilliant
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Yesterday
Good timing, thanks!
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2 hours ago
Helped a lot
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