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xz_007 [3.2K]
3 years ago
6

Which of the following conditions will maximize the amount of interest you earn?

Business
2 answers:
horrorfan [7]3 years ago
7 0

Answer

A. High interest rate and long time period conditions will maximize the amounts of interest you earn.

Explanation

When interest rates are high, there will be a higher increase from the savings and money invested that was first placed. Continuation of such a condition will in the long run caused an accumulation of the added interest thus making it to keep growing larger if not withdrawn.



Nataly_w [17]3 years ago
6 0

Which of the following conditions will maximize the amount of interest you earn?

A

A high interest rate & long time period

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