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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

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Family mapping is a method used in structural family therapy to identify and comprehend behavioural and familial interaction patterns. The therapist draws a picture of the family's difficulties and how those problems are sustained through family dynamics during this process.

A kind of family therapy known as structural family therapy (SFT) aims to enhance relationships within families by examining the structure of the family unit. Salvador Minuchin created this kind of treatment, and it has since evolved into one of the most popular types of family intervention. It implies that stressed-out family members may experience mental health issues as a result of dysfunctional family interactions.

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