TWhen the Amount Earned on a Deposit Has Becomes Part

question 49

Multiple Choice

TWhen the amount earned on a deposit has becomes part of the principal at the end of a specified time period and can earn a return in future periods the concept is called

• A)discount interest.
• B)compound interest.
• C)primary interest.
• D)future value.

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Definitions:

Productivity, Quality, Service

Three critical performance indicators in business that encompass efficiency of operations, standards of products or services, and customer satisfaction.

Flexible

The ability to adapt to changes and respond effectively to new challenges, situations, and environments.

Innovative

Characterized by the introduction of new ideas, methods, or products; being creative and forward-thinking.

Social Inventions

Innovations or creations within society that relate to its organization, structures, or functioning, often addressing societal needs.