Ask Question
27 August, 14:18

How many times will interest be added to the principal in one year if the

interest is compounded annually?

+3
Answers (1)
  1. 27 August, 14:27
    0
    Only 1 time

    Step-by-step explanation:

    When it is compound interest it can be added in the following ways:

    Annually = 1 Time in a year

    Semiannually = 2 Times in a year

    Quarterly = 4 Times in a year

    Monthly = 12 Times in a year
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How many times will interest be added to the principal in one year if the interest is compounded annually? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers