Interest compounded semiannually is compounded four times a year. True False

asked Apr 23, 2023 166k views

14 votes

by Imlim

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3 votes

Answer:

true.

Step-by-step explanation:

Interest compounded semiannual is compounded four tme a year

Heath Dutton answered Apr 24, 2023

8.4k points

3 votes

False. Semiannually is twice a year.

Lukenzo answered Apr 27, 2023

8.1k points

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