Answer:
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed. The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited or borrowed.
Answer:
is there a graph to go with it ?
Step-by-step explanation:
Please specify, are we multiplying, adding, dividing or subtracting? Or am I supposed to transform these into number form?