Compound Interest Means That a Savings Account Earns Interest on the Interest

question 91

True/False

Compound interest means that a savings account earns interest on the interest previously earned.

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Definitions:

Alfred Kinsey

An American biologist and sexologist who founded the Institute for Sex Research at Indiana University.

Heterosexual

A sexual orientation characterized by romantic or sexual attraction between people of the opposite sex.

Homosexual

Pertaining to or characterized by a sexual attraction towards members of one's own sex.

Binary Classifications

A system that divides objects, concepts, or people into two distinct and mutually exclusive groups.