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

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Andrei Pozolotin asked May 21, 2022

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

Mathematics
college

Andrei Pozolotin asked May 21, 2022

by Andrei Pozolotin

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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.

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Stephan Rodemeier answered May 28, 2022

by Stephan Rodemeier

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