chrisisaacalvar1813 chrisisaacalvar1813
  • 18-01-2018
  • Business
contestada

Your money will grow or compound​ ________ as the number of compounding periods per year becomes​ ________.

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W0lf93
W0lf93 W0lf93
  • 30-01-2018
faster, larger  
The longer the period that the an amount is allowed to stay in a compounding arrangement, the more the money will grow faster. This is because each interest is added to the original sums of money so now the total amounts available for investing is more than the previous compounding period.
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