Solution-Assume the interest rate is a positive value

Assume the interest rate is a positive value

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1. You deposited $3,000 in your bank account today. An increase in which of the following will increase the future value of your deposit assuming that all interest is reinvested? Assume the interest rate is a positive value. Select all answers that apply: (Points: 4)
Interest rate
Initial amount of your deposit
Frequency of the interest payments
Length of the investment period

Reference no: EM13949564

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Assume the interest rate is a positive value

Reference no: EM13949564

Reference no: EM13949564

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