1. If you open a stash account by depositing $300 at a simple interest rate of 4% and you don't deposit any more money contained by the account, how much will you earn surrounded by interest at the end of 4 years?
a) $4
b) $12
c) $16
d) $24
e) $48
f) $96
g) $120
7. The type of interest on an story that will earn you the most money over time is one that is _____ .
a) simple interest
b) interest compounded once per year
c) interest compounded once per month
d) interest compounded once per quarter
3. If you choose to gather money, your _____ is your second-best option for what you would do beside that money.
a) cost
b) opportunity cost
c) marginal cost
d) compound cost
10. The amount you deposit into an account to instigate the account is call the _____ . interest
a) balance
b) principal
c) compound
Answers: 1) Answer E: 300*.04 (4) = $48
7) Answer C: The more habitually the interest compounds will always be the biggest earner.
3) Answer C: Opportunity Cost
10) I can't relate.. you have "interest" written at the back of the sentence so I'm not sure if this is an answer option or cut of the sentence. I would say any Balance or Principal. We usually use Principal to refer to a loan amount though...
If you don't do your own homework you will
a) not enjoy erudition
b) not understand tha stuff
c) have difficulty on test
d) all of the above
Resolved Questions:
Bills for disappearing home/moving out?
Which facility does I use when sending money to Zimbabwe for the relatives?
Domain mark currency?
Am i entitled to any benefits?
Can a collections company travel into my hill details and give somebody a lift out money?
a) $4
b) $12
c) $16
d) $24
e) $48
f) $96
g) $120
7. The type of interest on an story that will earn you the most money over time is one that is _____ .
a) simple interest
b) interest compounded once per year
c) interest compounded once per month
d) interest compounded once per quarter
3. If you choose to gather money, your _____ is your second-best option for what you would do beside that money.
a) cost
b) opportunity cost
c) marginal cost
d) compound cost
10. The amount you deposit into an account to instigate the account is call the _____ . interest
a) balance
b) principal
c) compound
Do Banks donate loans for $1000?
Answers: 1) Answer E: 300*.04 (4) = $48
7) Answer C: The more habitually the interest compounds will always be the biggest earner.
3) Answer C: Opportunity Cost
10) I can't relate.. you have "interest" written at the back of the sentence so I'm not sure if this is an answer option or cut of the sentence. I would say any Balance or Principal. We usually use Principal to refer to a loan amount though...
If you don't do your own homework you will
a) not enjoy erudition
b) not understand tha stuff
c) have difficulty on test
d) all of the above
Resolved Questions: