A savings account that pays interest every 6 months is said to have _______ interest period. A. Quarterly B. Monthly C. Daily D.

Question

3 years ago

8

Semi-annual

2 answers:

Marat540 [252] · Answer 1 · 2022-02-16T09:33:59+03:00

Answer:

Option (d) is correct.

A savings account that pays interest every 6 months is said to have SEMI- ANNUAL.

Step-by-step explanation:

Given: A savings account that pays interest every 6 months

We have to choose the correct option that defines the savings account that pays interest every 6 months isknown as.

a) quaterly- when interest is paid after every 3 months .

b) Monthly - when interest is paid after every month .

c) Daily- when interest is paid after every day .

d) Semi- annual - when interest is paid after every 6 months .

Thus, A savings account that pays interest every 6 months is said to have SEMI- ANNUAL.

AveGali [126] · Answer 2 · 2022-02-16T07:31:02+03:00

4 0

The answer is Semi-annual