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Interest is the cost of borrowing? true or false?
Interest is the cost of borrowing. TRUE.
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Asked 4/6/2012 8:50:11 AM
Updated 12/29/2017 10:21:56 PM
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Interest is the cost of borrowing. TRUE.
Added 12/29/2017 10:21:56 PM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [12/29/2017 10:34:38 PM]
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Define Compounding
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Updated 3/13/2016 2:25:05 PM
1 Answer/Comment

Compounding is the ability of an asset to generate earnings, which are then reinvested in order to generate their own earnings.

Added 3/13/2016 2:25:04 PM
This answer has been confirmed as correct and helpful.
Compounding is?
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Updated 1/29/2016 11:30:08 PM
1 Answer/Comment

Compounding is: the ability of an asset to generate earnings, which are then reinvested in order to generate their own earnings.

Added 1/29/2016 11:30:08 PM
This answer has been confirmed as correct and helpful.
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