What factors determine the amount of interest earned on a fixed principal

QAmmunity.org

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Tags
Categories
Ask a Question

Andrei Pozolotin asked May 21, 2022

1,581 views

3 votes

What factors determine the amount of interest earned on a fixed principal

Mathematics
college

Andrei Pozolotin asked May 21, 2022

by Andrei Pozolotin

2.9k points

0 Comments

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Your answer

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

1 Answer

5 votes

Answer:

The interest rate and the number of compounding periods best describe the factors that determine the amount of interest because they encompass the ideas of time and yield.

Explanation:

Hope this helps!!!

Stephan Rodemeier answered May 28, 2022

by Stephan Rodemeier

3.1k points

0 Comments

Your comment on this answer:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

0 Comments

Your comment on this question:

Your answer

1 Answer

0 Comments

Your comment on this answer:

Other Questions