Register

True or False: Compounding always reduces the principal.

True or False: Compounding always reduces the principal.
asked 29.7k views
3 votes
True or False: Compounding always reduces the principal.

asked
User Akash Nayak
by
8.5k points

2 Answers

4 votes
False, compounding does not always reduces the principal

That is an inaccurate statement...
answered
User Amirali
by
8.5k points
4 votes
Hey Almetamzhungiet4lin,
False. Compounding doesn't always reduce the principal.
I hope this helps;)
answered
User Davidshinn
by
8.5k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!