It is characterized by a fixed amount earned over time.
QUIZ 1
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QUIZ 1
Quiz
•
Mathematics
•
University
•
Hard
IRISH TAN
Used 6+ times
FREE Resource
6 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
Compound Interest
Simple Interest
Basic Savings Account
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
It enable depositors to keep their money in a safe place while also earning a small amount of interest each month.
Compound Interest
Simple Interest
Basic Savings Account
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
In this, you will earn money not only on what you have saved, but also on the interest you received on that money.
Compound Interest
Simple Interest
Basic Savings Account
4.
FILL IN THE BLANK QUESTION
5 mins • 3 pts
5.
FILL IN THE BLANK QUESTION
5 mins • 3 pts
6.
FILL IN THE BLANK QUESTION
5 mins • 3 pts
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