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Choose the proper rationale. "In the compound interest equation, time

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2 votes

Answer:

The correct answer is:

c. Time is an exponent while the other units are factors.

Step-by-step explanation:

In the compound interest formula, time is the exponent.

Since it is the exponent, this tells us how many times the base is multiplied by itself. As such, it has a larger effect on the answer than any other piece of the equation.

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