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20 June, 10:52

How many times will interest be added to the principal in one year if the

interest is compounded annually?

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Answers (1)
  1. 20 June, 11:07
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    Only 1 time

    Step-by-step explanation:

    When it is compound interest it can be added in the following ways:

    Annually = 1 Time in a year

    Semiannually = 2 Times in a year

    Quarterly = 4 Times in a year

    Monthly = 12 Times in a year
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