Accountancy, asked by kinginimalu3949, 1 year ago

The phenomenon of compounding connotes which of the following?

Answers

Answered by Anushkadarekar
3
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The phenomenon of compounding connotes which of the following?

A. Investment of principal for a prolonged period

B. Interest earned over a prolonged period

C. Earning income on previously earned income

D. Rising interest rates over time

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This is your question...
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Answer...

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The answer is A.
Investment of principal for a prolonged period....

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