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4 votes
Match the term on the left side with the definition on the right side.

compound interest
annual compounding
semi annual compounding
quarterly compounding
daily compounding
crediting
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User Eduarda
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1 Answer

5 votes

Answer:

Step-by-step explanation:

compound interest Compound interest is the interest you earn on interest

annual compounding interest calculated on an account's principal plus any accumulated interest.

semi-annual compounding the compound interest rate is calculated on the bases of the principal added with the results of the compound interest rate from the previous term's calculation

quarterly compounding the process of computing for the interest earned quarterly on a fixed deposit or investment, computed based on the principal amount plus the interest earned for previous periods

daily compounding means interest is accumulated daily and is calculated by charging interest on principal plus interest earned daily

crediting publicly acknowledges someone as a participant in the production of (something published or broadcast).

(btw i didnt rly know what u meant by crediting causes there's different meanings)

User Matt Privman
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