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How many times will interest be added to the principal in 1 year if the interest is compounded quarterly?

How many times will interest be added to the principal in 1 year if the interest is compounded quarterly?
asked 53.9k views
5 votes
How many times will interest be added to the principal in 1 year if the interest is compounded quarterly?

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User Hirumina
by
7.4k points

2 Answers

5 votes
Four times hope that helps
answered
User Kotakotakota
by
8.0k points
3 votes
It should be four (quarter every three months)
answered
User Chris Johnston
by
8.5k points
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