If you only earned interest on your initial investment, and not on pre

If you only earned interest on your initial investment, and not on previously earned interest, it
would be called simple interest.

Indicate whether the statement is true or false

 

 

ANSWER

TRUE

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00