AprilKxtten
AprilKxtten AprilKxtten
  • 13-09-2022
  • Business
contestada

Compound interest is interest charged on:

A. an annual basis
B. the revolving debt only
C. the principal and the interest that accrues
D. the principle only

Respuesta :

ixzmadi
ixzmadi ixzmadi
  • 13-09-2022

Answer: im pretty sure its c !

Explanation: Compound interest on a loan or deposit accrues on both the initial principal and the accumulated interest earned

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