Examlex

Solved

Compound Interest Means That Interest Is Calculated Only on the Principal

question 112

True/False

Compound interest means that interest is calculated only on the principal amount.


Definitions:

Equilibrium

A state of balance or stability within a system, where all forces acting on the system are canceled out by each other.

Sex-limited

Traits or characteristics that are expressed in only one sex, even though the genes for these traits might exist in both sexes.

Sex-linked

Referring to traits genetically determined by genes located on sex chromosomes.

Autosomal

Pertaining to any of the chromosomes except the sex chromosomes; relating to genes that are located on the autosomes.

Related Questions