Register
If the interest rates are the same on a CD, which compounding pays more interest? annually semi-annually monthly quarterly
227k views
4 votes
If the interest rates are the same on a CD, which compounding pays more interest?

annually
semi-annually
monthly
quarterly

User Mahesh G
by
5.0k points

1 Answer

2 votes
Monthly, because your value goes up every month.
User Andre Calil
by
4.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.8m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
What number is halfway between 0 and 18
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
I need to simplify this expression.
Need answer to math problem!!!​
Link Copied!