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

How many times will interest be added to the principal in one year if the interest is compounded annually
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how many times will interest be added to the principal in one year if the interest is compounded annually

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User Haywire
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1 Answer

2 votes
Annually = every year.

is the interest compounding cycle is Yearly, then the interest accumulates only once a year.
answered
User DaveX
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