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If interest is compounded quarterly, how many times per year is it compounded? 1 2 4 12
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If interest is compounded quarterly, how many times per year is it compounded?

1
2
4
12

User Jake Marsh
by
5.9k points

1 Answer

3 votes
every 3 months, 4 times a year
User Brian David Berman
by
5.7k points
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