What is called interest that is paid previously earned interest as well as on the principal ?

Related Mcqs:

Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?

A. Bonus B. Overtime C. Prize D. Gift...

What is mortgage______________?

A. Conveyance of property as security for debt B. Conveyance of company security for debt C. Guarantee for debt D. Assurance of debt repayment...

Mention an electronic quotation system in USA that provides price quotations to market participants about more actively traded common stock issues in OTC market ?

A. National Association of Securities Dealers Automatic Quotation system (Nasdaq) B. New York Stock Exchange C. Wall Street D. Nikkei Stock Average...

What is Tariff ?

A. tax that government levy on imports B. tax that government levy on exports C. Both of them D. None of them...

When banks prepare their balance sheets. They show the money lent in ?

A. Liability B. Assets C. Both assets and liabilities D. None...