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    Concept of Compound Interest

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    The concept of compound interest refers to?

    The concept of compound interest refers to:

    A) earning interest on the original investment.
    B) payment of interest on previously earned interest.
    C) investing for a multi-year period of time.
    D) determining the APR of the investment.

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    https://brainmass.com/business/interest-rates/concept-of-compound-interest-365938

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    B) The payment of interest on previously earned interest.

    When cash is invested at compound interest, each interest ...

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    This solution helps explore the concept of compound interest.

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