All categories

3 years ago

What is compounding frequency?

2 answers:

8 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.

Lorico [155]3 years ago

4 0

'Compounding frequency' means how many times interest is added to the account in one year.

You might be interested in

A true statement about credit unions is that they usually

frosja888 [35]

A true statement about credit unions is that they usually provide installment loans to their members.

<h3>What is a credit union?</h3>

A credit union refers to a non-profit making financial cooperative that is primarily controlled by its members such as employees, church groups, labour unions, etc.

Also, credit unions are saddled with the responsibility of providing financial services to its members like the traditional banks.

In conclusion, a credit union is a financial institution that provides installment loans to their members.

Read more on credit union here: brainly.com/question/21095156

6 0

3 years ago

The yellow numbers in the figure show, in order, the events in the production and breakdown of red blood cells, including the re

garri49 [273]

The yellow numbers according to the steps are: absorbs, transport nutrient, erythrocytes, races, breakdown, hemoglobin, iron, bilirubin.

<h3>What is the function for erythrocytes?</h3>

Red blood cells are known to be called as erythrocytes and they hep to move oxygen to the tissues in your body.

Note that using the diagram, The yellow numbers according to the steps are: absorbs, transport nutrient, erythrocytes, races, breakdown, hemoglobin, iron, bilirubin.

Learn more about erythrocytes from

brainly.com/question/291206

#SPJ1

7 0

2 years ago

What should you do when taking a standardized test

umka2103 [35]

Keep quiet focus and sit in a quiet and empty room and lights and brainly ad youtube

8 0

4 years ago

Read 2 more answers

A student creates a Venn diagram to analyze two cars that are discussed in a text. What should appear in the middle of the Venn

Alenkinab [10]

The similarities / characteristics the two cars share

4 0

3 years ago

Read 2 more answers

During an activity analysis, a human resources manager determined that an employee spent 1.7

drek231 [11]

Answer: 42.5 hours

Explanation:

Let the number of hours that the employee work be represented by x.

Since the employee spent 1.7 hours making work calls one week, which was 4% of the employee's total work hours for the week, this can be represented in an equation as:

4% × x = 1.7

4/100 × x = 1.7

0.04 × x = 1.7

0.04x = 1.7

x = 1.7 / 0.04

x = 42.5 hours

The employee worked for 42.5 hours

4 0

3 years ago