Accurately defines the term compound growth

Reference no: EM13710124

4. Which of the following accurately defines the term compound growth?
a. A fee paid for the use of another person's money
b. A process in which interest is added both to the principal and to any interest already earned
c. A strategy whereby an investor seeks out stocks with strong growth potential
d. Growth measured in terms of inflation

Reference no: EM13710124

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