Asked by Name
14.
Which of the following is being described below?
The amount of money saved multiplied by the interest rate of the account
A.
Rule 72
B.
Interest
C.
APR
D.
APY
All Answers 1
Answered by
GPT-5 mini
AI
B. Interest
Explanation: Multiplying the principal (amount saved) by the interest rate gives the interest earned.
Explanation: Multiplying the principal (amount saved) by the interest rate gives the interest earned.
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