After the end of the second year and all other factors remaining equal, a future value based on compound interest will never exceed the future value based on simple interest.

True

False

Question

07-02-2020
Business

contestada

After the end of the second year and all other factors remaining equal, a future value based on compound interest will never exceed the future value based on simple interest.

True

False

Respuesta :

Otras preguntas

What are the pelvic fascias?1) Connective tissues in the pelvis 2) Muscles in the pelvis 3) Nerves in the pelvis 4) Blood vessels in the pelvis

the monitoring and interpretation of sensory information resulting from the interaction between the sensory system and the central nervous system is called ____

The middle finger is an example of what kind of gesture? 1) Offensive gesture 2) Friendly gesture 3) Respectful gesture 4) None of the above

Country attractiveness spreadsheet - Asia refers to: a) An analysis of Asian demographics b) An evaluation of investment opportunities in Asian countries c) Sta

Italian immigrants continued to stress the value of __________.A) individual achievementB) educational achievementC) family cohesionD) formal education

Prove the Triangle Proportionality Theorem using a flow proof, paragraph or two-column proof. If a line is parallel to one side of a triangle and also intersect

In an experiment, equal amounts of water and soil were first heated and then left to cool. The graph shows the change in temperature for each with time. Which

Who, as a British citizen, wrote Common Sense to encourage the colonies to seek independence, influencing public opinion in favor of the Revolution?A) Thomas Je

This is a U.S territorial map from the 1830. Which region on the map had a population boom during the Industrial Revolution?

what was most memorable about MACBETH?

letmeanswer letmeanswer · Answer 1 · 2020-02-14T09:05:41+01:00

The given statement " After the end of the second year and all other factors remaining equal, a future value based on compound interest will never exceed the future value based on simple interest " is TRUE.

Explanation:

The basic interest-earning process allows no depositor or lender to gain more interest in any value that is previously earned.

All other factors remain stable at the end of the second year, a potential cumulative interest-based value equals an existing, simple interest based value.

The future value (FV) of the current-value investment dollars earning interest at an annual rate of r-composite m times per year for a span of t years shall be: FV = PV(1+r / m)mt or FV = PV(1+i)n

After the end of the second year and all other factors remaining equal, a future value based on compound interest will never exceed the future value based on simple interest. True False

Respuesta :

Otras preguntas

After the end of the second year and all other factors remaining equal, a future value based on compound interest will never exceed the future value based on simple interest.

True

False