Compounding is:

A. the process of deposits steadily increasing a set amount annually.
B. the process of accumulation of additional interest paid on interest that has already been earned.
C. the process of adding the percentage of interest times your initial principal yearly.
D. None of these statements is true.


Answer: B

Economics

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Which of the following is NOT a popular stock market index?

A) Dow Jones Industrial Average B) NASDAQ C) S&P 500 D) Moody's Market Index

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a. $20,000. b. $410,000. c. $210,000. d. $10,000.

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If the long-run supply curve is upward sloping, we know that

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