When an Investment Pays Only Simple Interest, This Means

question 67

Multiple Choice

When an investment pays only simple interest, this means:

• A) the interest rate is lower than on comparable investments.
• B) the future value of the investment will be low.
• C) the earned interest is nontaxable to the investor.
• D)interest is earned only on the original investment.

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Definitions:

Committing Suicide

The deliberate act of taking one's own life.

Rapport

A close and harmonious relationship in which the people or groups involved understand each other's feelings or ideas and communicate well.

Underutilizing

The act of not making the most of something or using something to a lesser extent than is possible or optimal.

Psychological Services

Professional services aimed at assessing, diagnosing, treating, or advising individuals with psychological, emotional, or behavioral issues.