Simple Interest Means That Interest Is Calculated on

question 19

Multiple Choice

Simple interest means that interest is calculated on

• A)the installment of an annuity.
• B)only interest earned to date.
• C)principal only.
• D)principal AND all interest earned to date.

---

Definitions:

Year 2

A term often used in finance and accounting to denote the second year of operations, analysis, or reporting period being considered.

Earnings Per Share

A measure of a company's profitability that calculates how much of the net income is available per share of stock.

Year 2

Refers to the second year of a particular time frame, often used in financial analysis to denote the second year of operations, investments, or accounting periods.

Price-Earnings Ratio

A valuation metric comparing the current share price of a company to its per-share earnings.