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There are three steps necessary to make money grow. Investing over time and earning interest are two of the necessary steps. Which of the following is the third?
earning more income
opening additional accounts
making regular investments
withdrawing small amounts
Stacey Warren - Expert brainly.com
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I'm not quite sure on this one I'm between C and D.
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its okay ill put it anyway
With $3500 each, Martin and Edward opened separate accounts. Each account offered 4.5% interest over 10 years. At the end of 10 years, Edward earned more than Martin. Why?
Edward invested for a different amount of time than Martin.
Edward had a different interest rate than Martin.
Edward earned compound interest, and Martin earned simple interest.
Edward earned simple interest, and Martin earned compound interest.