info@jobexams.pk

MCQ Detailed View

Explore the question in detail with explanation, related questions, and community discussions.

1 FINANCE MCQS

The interest earned that is reinvested in other investments is called ____________?

  • Compound interest
  • Investment risk
  • Interest rate
  • Stated rate
Correct Answer: A. Compound interest

Detailed Explanation

When the interest earned on an investment is reinvested to earn additional interest, it is called compound interest. This process helps the investment grow faster over time.

Discussion

Thank you for your comment! Our admin will review it soon.
No comments yet. Be the first to comment!

Leave a Comment