To write 10% as a decimal you would write 1.0
More money is earned on interest compounded annually than on interest compounded daily
Interest paid on interest is called
When interest is compounded semiannually, the annual interest rate must be divided by
Before investing money in a savings account you should ask which one of the following questions...
Interest rates charts provided by banks are unreliable
Which of the following is the most liquid?
Which of the following is the least liquid?
Customer can use ATMs to perform financial transactions without a teller
They now make smart phone apps to do a lot of your banking.
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