anethmarrufo02 anethmarrufo02

05-04-2019
Business

contestada

a $1000 deposit is put into a savings account .which of the following compounding frequencies will ensure lowest interest earned in 7 years? a. monthly b. quarterly c. semiannually d. annually
the correct answer in (apex) annually

Respuesta :

MrCreighton MrCreighton

15-04-2019

Answer:

Annually

Explanation:

You list the answer in your question, but this is true because the more times you compound interest, the higher the actual yield.

Answer Link

brownkatelynnicole02 brownkatelynnicole02

06-11-2019

Answer:

Annually

Explanation:

Answer Link

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