HomeEngineeringWhat is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest ? 1380. What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest ?By Admin / September 7, 2025 A. Effective rate of interest B. Nominal rate of interest C. Compound interest D. Simple interest ✅ The correct answer is option C.
1. A fire tube boiler is limited to a maximum steam pressure of about __________ kg/cm². Leave a Comment / Basic Chemical Engineering MCQs, Chemical Engineering, Engineering / By Admin
2. Transformer cores are normally made from Leave a Comment / Basic Chemical Engineering MCQs, Chemical Engineering, Engineering / By Admin