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10-11-2020
Mathematics

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Questlon 2 of 10
The amount of time between interest payments is known as:
A. simple interest.
B. interest.
C. principal.
D. period
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jimthompson5910 jimthompson5910

11-11-2020

Answer: D) Period

You could refer to this as the time period. Usually the time period is in months. So you make monthly interest payments, often with the principal mixed in somewhat.

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