How many times per year is interest compounded if it is compounded semiannully? A. 3 B. 4 C. 1 D. 2

asked Jun 16, 2023 79.2k views

2 votes

How many times per year is interest compounded if it

is compounded semiannully?
A. 3
B. 4
C. 1
D. 2

8.2k points

Please log in or register to add a comment.

6 votes

Answer:

Explanation:

Semiannually means every two years. It's more of a Reading question, really.

Cavaz answered Jun 23, 2023

by Cavaz

8.9k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers