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FinnZ [79.3K]
3 years ago
8

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

Semi-annual
Mathematics
2 answers:
Marat540 [252]3 years ago
5 0

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]3 years ago
4 0
The answer is Semi-annual
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