Home Questions Mathematics Questions If the interest is compounded half-yearly, how many times per year is the interest compounded?
Question:

If the interest is compounded half-yearly, how many times per year is the interest compounded?

Choose the correct answer:
  • A. 1
  • B. 2 ✅ Correct
  • C. 3
  • D. 4
Explanation:
Half-yearly compounding means the interest is compounded twice a year

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