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The number of periods in compounding is found by multiplying number of years times the number of times compounded per year.
The number of periods in compounding is found by multiplying number of years times the number of times compounded per year. TRUE.
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Asked 4/6/2013 8:15:41 PM
Updated 12/18/2015 11:32:03 PM
1 Answer/Comment
Flagged by emdjay23 [12/18/2015 12:42:12 PM], Edited by Andrew. [12/18/2015 11:32:02 PM], Unflagged by Andrew. [12/18/2015 11:32:03 PM]
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The number of periods in compounding is found by multiplying number of years times the number of times compounded per year. TRUE.
Added 12/18/2015 12:42:11 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [12/18/2015 11:32:04 PM]
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