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The two most common methods of calculating interest are compound and simple interest formulas. True or False
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Asked 2/22/2013 2:46:59 PM
Updated 2/15/2016 10:33:33 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by jeifunk [2/15/2016 10:33:30 PM], Confirmed by jeifunk [2/15/2016 10:33:33 PM]
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Original conversation
User: The two most common methods of calculating interest are compound and simple interest formulas. True or False

Weegy: The two most common methods of calculating interest are compound and simple interest formulas. TRUE.
Expert answered|Mike Anderson1|Points 30|

User: The purpose of a service contract is to: prevent legal action due to a defective product; protect a product owner from expensive repairs; reduce the chance of repairs of an appliance; obtain regular maintenance on a project

Question
Asked 2/22/2013 2:46:59 PM
Updated 2/15/2016 10:33:33 PM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by jeifunk [2/15/2016 10:33:30 PM], Confirmed by jeifunk [2/15/2016 10:33:33 PM]
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The purpose of a service contract is to protect a product owner from expensive repairs.


Added 2/15/2016 9:12:46 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/15/2016 10:33:36 PM]
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The TSA was moved to the Department of Department of Homeland Security on March 9, 2003.
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The total dollar amount you pay to use credit is called the: price of goods/service purchased or the finance charge
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Updated 5/9/2018 11:32:57 PM
1 Answer/Comment

The total dollar amount you pay to use credit is called the: finance charge.

Added 5/9/2018 11:32:57 PM
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Prepaid interest may be a part of a mortgage agreement. (Points : 2) True False
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