question archive Which of the following refers to simple interest?Immersive Reader Interest earned only on the original principal amount invested
Which of the following refers to simple interest?Immersive Reader Interest earned only on the original principal amount invested
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Which of the following refers to simple interest?Immersive Reader
Interest earned only on the original principal amount invested.
Interest earned on the reinvestment of previous interest payments.
The process of accumulating interest in an investment over time to earn more interest.
The current value of future cash flows discounted at the appropriate discount rate.
Interest earned on both the initial principal and the interest reinvested from prior periods.
Option 1
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Option 2
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