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What is compound interest? A - the interest earned on the principal of an investment B - the interest earned on both the principal and interest of an investment or savings account C - the interest earned on a mutual fund D - the interest earned on a loan
- : That would be B . The interest is earned on the principal and interest earned previously.
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kbears2000:
The correct answer is
The interest is earned on the principal and interest earned previously
:)
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