Joseph1542 Joseph1542
  • 02-04-2018
  • Business
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The annual interest earned on an amount deposited into a bank account will be the same each year when compound interest is used.
a. True
b. False

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selinarowerp6g3ck
selinarowerp6g3ck selinarowerp6g3ck
  • 02-04-2018
False. A good way to think of this is that you are reinvesting your interest.
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