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

Someone please tell me if this is right or not!!
A certain circuit is properly fused for a 5-horsepower motor. If the motor is to be replaced by several 5/8 horsepower motors, how many motors will the fuses be
For each key term or person in the lesson, write a short response explaining its significance. Note: you may need to define some of the key terms in order to ex
Find the area of the circle. Use 3.14 for it. Do not round your answer.​
Which activity is not one of the primary ways political parties shape public policy?
Un oso al que le encanta la miel quiere sacar miel de una colmena que hay en la rama de un árbol, pero está demasiado alta. Para alcanzarla, se sube en una roca
PLSSS HELP IF YOU TURLY KNOW THISS
Drag each characteristic to the correct location in the diagram. Each power will be used only once. Which of these are powers only of the federal government? Wh
Question:-Given roots of equation:-[tex] \sf x = \frac{2}{3} \: nd \: x=-3[/tex]Find a nd b in ax²+7x+b =0[tex] \\ \\ \\ [/tex]Need lil help ~​
Find the mean score. Write your answer as a decimal.