2 years ago

How many times will interest be added to the principal in one year if the interest is compounded semiannually?

2 answers:

5 0

"Annual" means "year" while "semiannual" means "half a year". If the interest is compounded semiannually, then the interest is compounded twice a year (every half year or every 6 months).

So the final answer is choice B) 2

ikadub [295]2 years ago

4 0

Answer:

1. .just took the quiz

a p e x

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