{"id":408,"date":"2017-11-07T12:07:17","date_gmt":"2017-11-07T06:07:17","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/steve-invested-100-two-years-ago-at-10-percent-interest-the-referred-to-as\/"},"modified":"2017-11-07T12:07:17","modified_gmt":"2017-11-07T06:07:17","slug":"steve-invested-100-two-years-ago-at-10-percent-interest-the-referred-to-as","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/steve-invested-100-two-years-ago-at-10-percent-interest-the-referred-to-as\/","title":{"rendered":"Steve invested $100 two years ago at 10 percent interest. The&#8230;.referred to as:"},"content":{"rendered":"<p>Steve invested $100 two years ago at 10 percent interest. The first year, he earned $10 interest on his $100 investment. He reinvested the $10. The second year, he earned $11 interest on his $110 investment. The extra $1 he earned in interest the second year is referred to as:<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[70],"subject":[7],"class_list":["post-408","mcq","type-mcq","status-publish","hentry","topic-the-time-value-of-money","subject-corporate-finance"],"mcq_note":"Steve invested $100 two years ago at 10 percent interest. The first year, he earned $10 interest on his $100 investment. He reinvested the $10. The second year, he earned $11 interest on his $110 investment. The extra $1 he earned in interest the second year is referred to as\u00a0interest on interest.","mcq_options":[{"right":"no","answer":"free interest. "},{"right":"no","answer":"bonus income."},{"right":"no","answer":"simple interest. "},{"right":"yes","answer":"interest on interest. "}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":70,"title":"The Time Value of Money","slug":"the-time-value-of-money"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=408"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=408"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=408"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}