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What is a compounding period?

What is a compounding period?
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What is a compounding period?

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User Hengjie
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1 Answer

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Answer:

Compounding periods are the time intervals between when interest is added to the account.

Step-by-step explanation:

Interest can be compounded annually, semi-annually, quarterly, monthly, daily, continuously, or on any other basis.

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User Felix TheCat
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