1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fenix001 [56]
1 year ago
6

What conclusions can you draw about the relationship between interest rates, time, and future sums from the calculations you jus

t did?
Social Studies
1 answer:
Setler [38]1 year ago
5 0

There is a positive relationship between both the interest rate used to compound a present sum and the number of years for which the compounding continues and the future value of that sum.

<h3><u>What is interest rate?</u></h3>
  • The amount a lender charges a borrower is called an interest rate, and it is expressed as a percentage of the principal, or the loaned amount.
  • Typically, a loan's interest rate is expressed as an annual percentage rate, or APR (APR).
  • A savings account or certificate of deposit earnings at a bank or credit union may also be subject to an interest rate (CD).
  • The interest received on these deposit accounts is measured in annual percentage yields (APY).

In essence, interest is a fee assessed to the borrower for the use of a resource. Borrowed assets may include money, merchandise, automobiles, and real estate.

Know more about interest rate with the help of the given link:

brainly.com/question/13324776

#SPJ4

You might be interested in
List the name of 8 countries where Neplease workers are going for employment?​
Mrrafil [7]

Answer:India

south Korea

saudi arab

malishya

china

Explanation:

3 0
1 year ago
WILL GIVE BRAINLIEST - - - - - "to win 100 battles is not the hight of skill - to subdue the enemy with out fighting is." - Sun
krok68 [10]

I think that it means that no matter how many times you win a fight, fighting is not an accomplishment. conquering and overpowering the enemy is how you could prove your skills. I'm not sure tho just what i think

8 0
3 years ago
Read 2 more answers
Write a paragraph about a ritual of your caste​
Ugo [173]

Answer:

I am from Brahmin community.Most of the Brahmin are Priest of temple.So,Brahmin are most of the respected caste all over the world.

7 0
2 years ago
What are the purposes of canals? Choose three correct answers. to improve transportation to supply water for farming to add land
Tresset [83]

Answer: Defense, Travel, and Supply water for farming

Explanation:

7 0
3 years ago
Read 2 more answers
Julia is a native american student. when her teacher tries to make eye contact with her, julia always looks away. the best expla
statuscvo [17]
The best explanation for this behavior is that Julia "has different norms for eye contact."

Eye contact may convey altogether different things to individuals of different cultures. Eye contact might be a standout amongst the most inconspicuous types of social association, yet it ought to never be underestimated. It is so quietly instilled into each culture that it is something which is once in a while even considered before voyaging abroad.
4 0
2 years ago
Other questions:
  • Why were the islands of Oceania first divided into three groups?
    14·1 answer
  • The Wagner Act of 1935 was New Deal legislation passed in response to ______.
    8·1 answer
  • When an act of charity creates – to rely on others and not to be –, that is called a –. bill clinton addressed this concern in t
    9·1 answer
  • Do you think we are headed for a “third wave” in the Women’s Movement given the #metoo and #timesup campaigns? Explain why or wh
    12·1 answer
  • Suppose you were advising a company that is experiencing a decline in marginal returns. what two steps might you recommend
    14·1 answer
  • During a departmental meeting, Zora listens to everyone’s ideas and when it seems like everyone is on the same page, she adds, "
    15·1 answer
  • _____________ are predicted, repeated actions and may be individual or group led actions.
    13·1 answer
  • Anybody wana be friends
    12·2 answers
  • Spouses are more likely than random paired people to share common attitudes, beliefs, and values. The _____ the similarity, the
    8·1 answer
  • _________ tends to be caused by a desire to protect an individual’s self-esteem. self-serving bias internal attribution external
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!