By Definition, A Bank That Pays Simple Interest On A Savings Account Will Pay Interest:

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By Definition, A Bank That Pays Simple Interest On A Savings Account Will Pay Interest:

A. only at the beginning of the investment period. B. on interest. C. only on the principal amount originally invested. D. on both the principal amount and the reinvested interest. E. only if all previous interest payments are reinvested. Refer to section 4.1.
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