How many times does compounded quarterly a year mean?

Mathematics

1 answer:

skad [1K]3 years ago

8 0

Answer:

Interest may be compounded on all sorts of time frequencies – daily (365 times a year), monthly (every calendar month or 12 times a year), quarterly (every three months or four times a year), semi-annually (every six months or twice per year) or annually (once a year)

Step-by-step explanation:

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