ravenestep48 ravenestep48

26-12-2020
Mathematics

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

I desperately need the answers to this its about compound interests class=

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fateeema fateeema

26-12-2020

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)

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