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4. the interest is computed on the principal and also on the accumulated past interests.
a. simple annuity b. compound annuity C. simple interest d. compound interest​

Respuesta :

jepessoa

Answer:

d. compound interest​

Explanation:

Compound interest basically means that previously earned interests will earn interests on their own. For example, you invest $100 and receive a 5% yield. At the end of year 1 you will have $105. At the end of year 2 you will have $105 x 1.05 = $110.25. The $5 in interests previously earned during year 1 will earn $0.25 interest during year 2.

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