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compound interest
Question
Asked 11/16/2008 1:03:53 PM
Updated 6/22/2014 8:59:50 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by alfred123 [6/22/2014 8:59:46 AM]
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User: compound interest

Weegy: What is your question about compound interest?

Question
Asked 11/16/2008 1:03:53 PM
Updated 6/22/2014 8:59:50 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by alfred123 [6/22/2014 8:59:46 AM]
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Compound interest arises when interest is added to the principal of a deposit or loan, so that, from that moment on, the interest that has been added also earns interest.
Added 6/22/2014 8:59:50 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [6/22/2014 9:03:41 AM]
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