Since money has the ability to earn interest, its value increases with time. What affects the future value of an investment more, the interest rate or the time the investment is held?

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Amanda Wells Profile
Amanda Wells answered
The logical answer is B. It must depend on how much interest you are earning and how long you go on getting it - no other answer can be definitely right. The interest rate varies enormously - at the moment it is just above zero in many places - and you can keep money in an account indefinitely, so it's impossible to calculate without knowing the amounts involved.

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