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What type of interest will earn you the most amount on your money? A. simple B. compound C. ample D. feeding
D. feeding
Expert answered|badgerpoe|Points 2447|
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Asked 8/24/2011 11:39:13 PM
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Updated 8/6/2012 11:00:42 AM
1 Answer/Comment
The FDIC insures up to D.$100000 of the following kinds of deposits at FDIC-insured banks and thrifts.
Added 8/6/2012 11:00:43 AM
Rated good by mirajane
"What kind of interest is paid on the deposit, plus accumulated interest from period to period?" A. simple B. compound C. lost D. weighted
Question
Not Answered
Updated 8/6/2012 11:09:53 AM
1 Answer/Comment
The answer is B. Compound interest.
Added 8/6/2012 11:09:54 AM
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