BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It is a term used to describe the amount earned on an invested money.
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Maturity Value
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Interest
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Principal
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Rate
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Explanation:
Detailed explanation-1: -Investment income is the profit earned from investments such as real estate and stock sales.
Detailed explanation-2: -capital. noun. business money or property that you use to start a business or invest to earn more money.
Detailed explanation-3: -Interest on interest is the interest earned when interest payments are reinvested, particularly in the context of bonds. This is also known as compound interest, or compounding. Compound interest grows at a faster rate than basic interest, and it will be fastest when compounding periods are most frequent.
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