________ is the amount earned on a deposit that has become the part of the principal at the end of a specified time period.
A) Discount interest
B) Compound interest
C) Primary interest
D) Future value

Question

Quizplus · Accepted Answer

Compound interest is the interest earned on both the principal amount and the interest already earned. It is the most common method of calculating interest and leads to higher earnings than simple interest.

________ Is the Amount Earned on a Deposit That Has