Question

question 1 of 10
what three variables determine how much interest a person could earn from a savings account?
○ amount, place, time invested
○ amount, interest rate, place
○ place, interest rate, time invested
○ amount, interest rate, time invested

Explanation:

Savings account interest calculations (such as simple interest, $I = P \times r \times t$) depend on the principal amount deposited, the annual interest rate applied, and the length of time the money is invested. The "place" of the account does not directly determine the interest earned.

Answer:

Amount, interest rate, time invested