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Question 25 (3 points) Mike went to the bank to open a savings account. The bank said the account pays compound interest. The idea behind

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Question 25 (3 points) Mike went to the bank to open a savings account. The bank said the account pays compound interest. The idea behind compound interest is earning a) complex interest b) interest on interest c) discounted interest Od) accrued interest e) simple interest Question 26 (3 points) Interstate Supply House annual earnings have grown from $2.00 per share to $4.00 per share over a nine year time period. What has been the average annual growth rate in earnings for Interstate Supply House? a) 11.1% b) 8.01% O c) 100% d) 22.2%

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