Question

How many times will interest be added to the principal in 1 year if the interest is compounded semiannually? A. 1 B. 2 C. 12 D. 6

Answer 1

2

Step-by-step explanation:

Semiannual means twice a year.

(Ap3x)

Answer 2

Semiannual means every six months in a year so the answer is 2