What is compound interest? A  the interest earned on the principal of an investment B  the interest earned on both the principal and interest of an investment
Mathematics
maylinandrea7
Question
What is compound interest?
A  the interest earned on the principal of an investment
B  the interest earned on both the principal and interest of an investment or savings account
C  the interest earned on a mutual fund
D  the interest earned on a loan
A  the interest earned on the principal of an investment
B  the interest earned on both the principal and interest of an investment or savings account
C  the interest earned on a mutual fund
D  the interest earned on a loan
2 Answer

1. User Answers Anonym
That would be B . The interest is earned on the principal and interest earned previously. 
2. User Answers kbears2000
The correct answer is
The interest is earned on the principal and interest earned previously
:)