yofavdanceiyanaandar yofavdanceiyanaandar
  • 11-05-2020
  • Business
contestada

How do simple interest and compound interest affect your saving

Respuesta :

junbeckham123
junbeckham123 junbeckham123
  • 11-05-2020

Answer:

Investment interest increases your savings, but loan interest increases your debt. Simple and compound interest allow your money to work for you by earning additional income. ... However, if you borrowed money for an investment, the interest on the loan works against you in the same way.

Explanation:

Answer Link

Otras preguntas

ELA QUESTION multiple choice
Which of the following is true about a parallelogram? The diagonals are equal. All sides are congruent. The diagonals bisect each other. The diagonals are p
A 12 foot ladder leans against a building at a 75 degree with the ground. Which equation below can be used to find how high the ladder reaches up the side of th
what is 5x + 2 - 4x + 3
1. Solve the System by Graphing Y=X+ 1 y = -x + 5
Look at the images, listen to the audio, and match each sentence with its correct image. Audio 01: Nosotros somos primos con los ojos marrones. Audio 02: Noso
Steve gets a speeding ticket. When heavies to pay it, he's told that the fine is 1$million dollars. Steve is outraged, and claims that such a fine is unconstitu
Solve for t. -18 = 6t O ot=-3 ot = t=- O t = 12 O t = 24
which line of code will allow you to only load the localtime() method into active memory
Can metamorphic rock be formed in ocean floors