Complete the idea of compound interest

Exercise and reference answers

Missing parts

1. Answer

   previous

   Choices

   1. previous
   2. first
   3. last

2. Answer

   amount

   Choices

   1. amount
   2. rate
   3. principal

3. Answer

   plus

   Choices

   1. plus
   2. minus
   3. times

Complete the statement

Compound interest is the interest calculated on the {0} year's {1}, where that amount is the principal {2} the interest so far.

Explanation