Sara is investing 1000 dollars today. which one of the, Ask an Expert

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Sara is investing 1000 dollars today. Which one of the following will increase the future value of that amount?

a- Shortening the investment time period

b- Paying interest only on the principal amount

c- Paying simple interest rather than compound interest

d- Paying interest only at the end of the investment period rather than throughout the investment period

e- Increasing the interest rate.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M968892

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