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isSimple interest is calculated as a percentage of the bank balance and interest already earned.
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Asked 1/2/2013 3:22:58 PM
Updated 1/14/2015 11:01:18 AM
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This conversation has been flagged as incorrect.
Flagged by emdjay23 [1/14/2015 11:01:17 AM]
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User: Select the items that can result in higher interest earned. higher interest rate higher balance greater number of withdrawals

User: Simple interest is calculated as a percentage of the bank balance and interest already earned. true or false

User: isSimple interest is calculated as a percentage of the bank balance and interest already earned.

Weegy: Please clarify your question. Thanks for using Weegy!
Expert answered|abbytalks|Points 0|

Question
Asked 1/2/2013 3:22:58 PM
Updated 1/14/2015 11:01:18 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by emdjay23 [1/14/2015 11:01:17 AM]
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Simple interest is calculated as a percentage of the bank balance and interest already earned. This is False.

Added 1/14/2015 11:01:18 AM
This answer has been confirmed as correct and helpful.
Confirmed by sujaysen [1/14/2015 1:24:59 PM]
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