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How many times will interest be added to the principal in 1 year if the interest is compounded quarterly?
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5 votes
How many times will interest be added to the principal in 1 year if the interest is compounded quarterly?

User Hirumina
by
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2 Answers

5 votes
Four times hope that helps
User Kotakotakota
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8.0k points
3 votes
It should be four (quarter every three months)
User Chris Johnston
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8.5k points
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