Seudónimo Seudónimo
  • 13-01-2017
  • Mathematics
contestada

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

1

2

6

12

Respuesta :

jimthompson5910 jimthompson5910
  • 13-01-2017
"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
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