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3/23/20

[Answer] ___________________ _______________ refers to how often your interest is calculated and and added back to your account.

Answer: Rule of 72




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___________________ _______________ refers to how often your interest is calculated and and added back to your account. How often your interest rate is calculated and added back into your account How easily you can add money into your account What type of interest your account earns What interest rate you can expect from your account Answer: A. The greater the compounding frequency the more often your interest is calculated and added back into your account . Consolidation Loans These combine several student loans into one bigger loan from a single lender which is then used to pay off the balances on the other loans. Fri Feb 24 2017 · How often your interest is calculated and added back into your account: This option is correct. It is the number of times the interest will be calculated on the number of periods and depends on the loan amount . Interest is calculated and then added back into the account. The more is frequency ; more will be the interest calculated. B Thu Dec 01 2016 · A Simple interest is calculated on the original amount you invest compound interest is added to your investment and from then on you earn " interest on the interest" in addition to interest on the original investment . Compound interest can be compounded daily weekly monthly six monthly annually or any other time period. Compounding frequency : The time periods when interest w...


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