A(n) ________ Rate of Return Means That Interest Is Earned

question 35

Multiple Choice

A(n) ________ rate of return means that interest is earned on the base amount plus any interest previously earned.

• A) Accrued
• B) Compound
• C) Annual
• D) Quarterly
• E) Monthly

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Definitions:

Japanese-American

A person of Japanese descent who is a citizen or resident of the United States.

Business Meeting

A gathering of people working together to make decisions or solve problems related to the operations of a business or organization.

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