2 years ago

How many times will interest be added to the principal in 1 year if the interest is compounded annually?

Mathematics

2 answers:

Daniel [21]2 years ago

8 0

Answer:

1 time

Step-by-step explanation: Apex

Elena-2011 [213]2 years ago

7 0

Hello!
Annually means once a year so if it is compounded annually then it is compounded only once per year, meaning interest is added to principal only 1 time per year.

Hope this helps! Any questions please just ask!! Thank you so much!!

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