Question

4. What three values are the same for both simple interest and compound interest calculations?

O the interest rate, the incurred interest, and the term
O the term, the interest rate, and the future value of the loan or investment
Othe principal amount, the interest rate, and the term
the principal amount, the interest rate, and the number of times it is compounded

Answer 1

The principal amount, the interest rate, and the term

Explanation:

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