document.write( "Question 1196760: Q#1.
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document.write( "What effect would a decrease in the interest rate have on the future value of a deposit? What effect would an increase in the holding period have on future value?\r
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document.write( "Q#2.
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document.write( "How is the compounding process related to the payment of interest on savings?
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Algebra.Com's Answer #829747 by MathLover1(20850)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( "\n" ); document.write( "#1.\r \n" ); document.write( "\n" ); document.write( "A decrease in the interest rate would lower future value, while an increase in the holding period will increase future value.\r \n" ); document.write( "\n" ); document.write( "#2.\r \n" ); document.write( "\n" ); document.write( "It is the amount of interest EARNED on a given deposit so it becomes part of the principal, which is the amount of money on which the interest is PAID. \n" ); document.write( " |