Ask Question
31 March, 02:25

What is compounding frequency?

+3
Answers (2)
  1. 31 March, 03:52
    0
    'Compounding frequency' means how many times interest is added to the account in one year.
  2. 31 March, 06:21
    0
    For example, monthly capitalization with annual rate of interest means that the compounding frequency is 12, with time periods measured in years. The effect of compounding depends on: The nominal interest rate which is applied and. The frequency interest is compounded.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What is compounding frequency? ...” in 📘 SAT if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers