Four friends each deposited $1,000 in a savings account at their local bank on the same day. After two years, from the date of deposit, the friend who had the most amount of money is the one whose bank compounded interest

🎲 Try a Random Question  |  Total Questions in Quiz: 100  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Personal Finance Literacy Exam 8 — practice the complete quiz, review flashcards, or try a random question.


Four friends each deposited $1,000 in a savings account at their local bank on the same day. After two years, from the date of deposit, the friend who had the most amount of money is the one whose bank compounded interest






ADVERTISEMENT