3. ______ is a millionaires best friend. accrued interest compound growth high returns profit sharing
3. ______ is a millionaires best friend. accrued interest compound growth high returns profit sharing
Answer
Answer:
B. Compound growth
Brief Explanations:
Compound growth allows money to grow exponentially over time as earnings are reinvested to generate further earnings, which is highly beneficial for building long - term wealth like that of a millionaire. Accrued interest is just the interest that has accumulated but not been paid yet. High returns may not be sustainable. Profit sharing is a distribution of company profits to employees or shareholders in a different context.