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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

  1. In a ________loan, the interest in a second period isnt affected by the interest in the previous period ( 0.5 points)
  1. Simple interest
  2. Compound interest
  3. Differentiated method
  4. 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).

  1. Simple interest
  2. Compound interest
  3. Differentiated method
  4. Annuity method

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