MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Interest Compounded Annually and Half Yearly

In compound i...

Question

In compound interest, when the interest is compounded quarterly, then the principal changes after every three months.

A

True

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

False

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

Suggest Corrections

thumbs-up

0

Similar questions

Q. In compound interest, when the interest is compounded quarterly, then the principal changes after every three months.

Q. State true or false:
In compound interest, when the interest is compounded quarterly, then the principal changes after every three months.

Q. If principal is compounded quarterly, then the interest is calculated every ____ .

In compound interest, when the interest is compounded half-yearly, the principal changes every __________.

Q. Find conversion periods for 63 months, if the interest on the principal is compounded quarterly.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Interest Compounded Annually and Half Yearly

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Interest Compounded Annually and Half Yearly

Standard VIII Mathematics

Join BYJU'S Learning Program

CrossIcon