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rolpace88 rolpace88
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8 years ago
When interest is added to the principal amount and then interest is calculated on this new amount, the process is called:
A) single interest
B) present value
C) simple interest
D) compound interest
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
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MillionMillion
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8 years ago
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rolpace88 Author
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#2
8 years ago
Not sure why I found this tricky. Now that I know the answer, it's almost self-explanatory.
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#3
8 years ago
Great, please mark the topic solved!
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