Which variable has the most impact on growing your money? If you could increase one of the variables in the compound interest fo

Question

3 years ago

11

Which variable has the most impact on growing your money? If you could increase one of the variables in the compound interest fo

rmula, which would have the most impact on growing your money? Before you complete the next set of calculations, predict whether an increase in the principal, the rate, or the frequency of compounding will increase your account balance more.

Mathematics

1 answer:

postnew [5] · Answer 1 · 2022-10-25T22:12:31+03:00

postnew [5]3 years ago

3 0

Answer:

I would increase the number and multiply

Step-by-step explanation: