166k views
14 votes
Interest compounded semiannually is compounded four times a year. True False

User Imlim
by
4.7k points

2 Answers

3 votes

Answer:

true.

Step-by-step explanation:

Interest compounded semiannual is compounded four tme a year

User Heath Dutton
by
5.1k points
3 votes

False. Semiannually is twice a year.

User Lukenzo
by
4.9k points