Ask Question
14 November, 00:29

What is compounding frequency?

+2
Answers (2)
  1. 14 November, 00:32
    0
    'Compounding frequency' means how many times interest is added to the account in one year.
  2. 14 November, 00:52
    0
    For example, monthly capitalization with annual rate of interest means that the compounding frequency is 12, with time periods measured in years. The effect of compounding depends on: The nominal interest rate which is applied and. The frequency interest is compounded.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is compounding frequency? ...” in 📗 SAT 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