7
QuizMultiple Choice

Study Guide and Quiz

Question 7 • 26-27 Ignite Introduction to Business - EL3501

If you want to take advantage of compound interest, what should you do when an investment produces interest?A.Use the interest to pay your bills.B.Reinvest the interest.C.Put the interest in a savings account.D.Put the interest in a checking account.

Answer
A
A
B
B
C
C
D
D
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If you want to take advantage of compound…