What factors determine the amount of interest earned on a fixedprincipal (such as a lump sum deposit intoan account) Select all that apply A Interest rate B Number of compounding periods C Frequency of periodic payments D None of the above ...

A Interest rate Interest rate is one of the most important factors that determines the amount of interest earned on a fixed principal The interest rat ...

What factors determine the amount of interest earned on a fixedprincipal? (such as a? lump-sum deposit intoan?

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What factors determine the amount of interest earned on a fixedprincipal? (such as a? lump-sum deposit intoan? account)?

Select all that apply.

Interest rate

Number of compounding periods

Frequency of periodic payments

None of the above

Related Book For answer-question

Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

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Posted Date: Dec 13, 2022 07:40 AM

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What factors determine the amount of interest earned on a fixedprincipal? (such as a? lump-sum deposit intoan?

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A Interest rate Interest rate is one of the most important factors that determines the amount of interest earned on a fixed principal The interest rat... View the full answer

Personal Financial Planning

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