Question

I desperately need the answers to this, it’s about compound interests

Answer 1

Answer:

• quarterly is n = 4
• semiannually is n = 2
• monthly is n = 12
• annually is n = 1

Step-by-step explanation:

n is the number of times the interest is compounded, so just figure out stuff like monthly and annually mean. (ex. since annually means once a year, n = 1)