katerinap18904 katerinap18904
  • 03-12-2020
  • Mathematics
contestada

is the amount that savings or investments grows called a principal

Respuesta :

Thawkins000
Thawkins000 Thawkins000
  • 03-12-2020
Principal is also the original amount of investment made in an asset, separate from any earnings or interest accrued. For example, assume you deposit $5,000 in an interest-bearing savings account. At the end of 10 years, your account balance will have grown to $6,500.
Answer Link

Otras preguntas

i need help on this qustion ive been stuck on it for a week
What do you add to 2 8/8 to make 6
What were the goals of the Committee of Public Safety
Open-pit mining creates a large hole in the ground after minerals are removed from the surface. Which statement best describes an environmental consequence of t
Write 3.3 as a mixed number
5 Evaluate the impact of risky behaviour on your personal expectations in relation to the career you want to follow.​
What is the solution to the system of equations graphed below? y = x. 3 y=3x+1 y = x+3 y = 3x + 1 A. (0,1) B. (1.4) C. (1,3) D. (0,3) Help pls
Answer the question below.
Apply How is the process of natural selection involved in evolution?
Can someone help me with question?