When R is positive then Amount =
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1
Answer:
R+Amount
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Step-by-step explanation:
R= rate
A =Amount
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0
Answer:
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Step-by-step explanation:
Inflation is typically positive. this means that the price of goods and services that we might want to buy will be higher one year from now. Therefore, in order to buy something later we need more money and so to induce us to save we must be paid interest. People generally prefer to get things soon rather than later.
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