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In a ________loan, the interest in a second period isnt affected by the interest in the previous period ( 0.5 points) Simple interest Compound interest
- In a ________loan, the interest in a second period isnt affected by the interest in the previous period ( 0.5 points)
- Simple interest
- Compound interest
- Differentiated method
- Annuity method
2. In __________ loan, the unpaid interest at the end of the first period is added to the principal for the second period, allowing the interest to accrue (0.5 points).
- Simple interest
- Compound interest
- Differentiated method
- Annuity method
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