Which of the following conditions will maximize the amount of interest you earn? a a high interest rate & long time period b a high interest rate & short time period c a low interest rate & long time period d a low interest rate & short time period

Answer

A.High interest rate and long time period conditions will maximize the amounts of interest you earn.

Explanation

When interest rates are high, there will be a higher increase from the savings and money invested that was first placed. Continuation of such a condition will in the long run caused an accumulation of the added interest thus making it to keep growing larger if not withdrawn.

Which of the following conditions will maximize the amount of interest you earn?

A

A high interest rate & long time period

answer; private store;

answer(b) partnership';