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

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6 votes

Answer:

Explanation:

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

Cavaz answered Jun 23, 2023

by Cavaz

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