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Busıness Fınance I
Busıness Fınance I Deneme Sınavı
Busıness Fınance I Deneme Sınavı Sorusu #832461
Busıness Fınance I Deneme Sınavı Sorusu #832461
_ _ _ _ _ _ _ is the interest that one earns only from the initial capital.
Which of the following complete the sentences above?
|
Simple interest |
|
Compound interest |
|
Annual interest |
|
Periodic interest |
|
Effective interest |
Yanıt Açıklaması:
Simple interest is the interest that one earns only from the initial capital (principal). This is the interest that you would earn in a bank account that takes out theinterestearned and only renews the time deposit for the capital.
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