Question

answer choices: drag the answer choices to the correct category over here! answer choices: interest calculated only on the original amount deposited or invested the original amount of money deposited or invested, before interest is added interest calculated on both the original amount and any interest already earned principal simple interest compound interest

Explanation:

• Principal: Defined as the original amount of money deposited or invested, before interest is added. So match with "The original amount of money deposited or invested, before interest is added".
• Simple Interest: Interest calculated only on the original amount deposited or invested. So match with "Interest calculated only on the original amount deposited or invested".
• Compound Interest: Interest calculated on both the original amount and any interest already earned. So match with "Interest calculated on both the original amount and any interest already earned".

Answer:

• Principal: The original amount of money deposited or invested, before interest is added
• Simple Interest: Interest calculated only on the original amount deposited or invested
• Compound Interest: Interest calculated on both the original amount and any interest already earned