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

User Hasentopf
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2 Answers

15 votes
15 votes

Answer:

true.

Step-by-step explanation:

Interest compounded semiannual is compounded four tme a year

User Melon NG
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2.6k points
24 votes
24 votes

False. Semiannually is twice a year.

User Sheo Dayal Singh
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2.8k points
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