Allowing the Interest That You Earn on an Investment to Stay

question 64

Multiple Choice

Allowing the interest that you earn on an investment to stay in the investment and to earn interest on the interest you have already earned is called what?

• A)The power of of present value
• B)The power of compound interest
• C)The power of simple interest
• D)The power of time
• E)The power of future value

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Definitions:

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A liquid fuel derived from petroleum, primarily used as a fuel in internal combustion engines.

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