Arithmeticmedium · Past Paper
If interest is compounded quarterly, how many times is it calculated in 2 years?
A2
B4
C8
D6
✓ Correct Answer: C — 8
Quarterly means 4 times a year. In 2 years, 4 * 2 = 8 times.
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✓ Correct Answer: C — 8
Quarterly means 4 times a year. In 2 years, 4 * 2 = 8 times.
Share this question