Provide an Appropriate Response

question 215

Multiple Choice

Provide an appropriate response.
-_______ is interest paid both on the original principal and on all interest that has been added to the original principal.

• A)Basic interest
• B)Simple interest
• C)Compound interest
• D)None of the above

---

Definitions:

Product Leadership

A competitive strategy focused on innovation and the development of superior products or services, emphasizing quality, performance, and features to gain market leadership.

New Product

A good, service, or idea that has not previously been made available to the market by its creator.

Future Demand

The projected desire or need for a product or service in the coming period, based on current trends and data.

Profitable Business

A company or enterprise that generates more revenue than it spends in costs, leading to a positive financial gain.