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Which of the following statements is true regarding the time

 
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Joined: 17 Jan 2012
Posts: 71
PostPosted: Thu Jan 19, 2012 8:03 am    Post subject: Which of the following statements is true regarding the time Reply with quote
1. Compound interest will produce equal amounts of interest each period on a fixed deposit.
2. Earning simple interest is more beneficial than earning compound interest.
3. When making a purchase, it is better to make payment as soon as possible.
4. It is better to receive $1 now than a year from now.
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