SuperNerd22 SuperNerd22

21-02-2016
Business

Answered

Please answer 5 and 7.

Verified Answer :

meerkat18 meerkat18

29-02-2016

5) The longer the money is saved, the more interest it earns. Interest earned is dependent on the length of time and the interest rate assigned on the principal.

7) divide 72 by the # of years or interest rate and it will give how much or how long your deposit will double its value.

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