How many compounding periods per year are there when interest is compounded annually? Semi-annually? Quarterly? Monthly? Weekly?

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How many compounding periods per year are there when interest is compounded annually? Semi-annually? Quarterly? Monthly? Weekly? Daily?

Compounding
Compounding is the process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time. This growth, calculated using exponential functions, occurs because the investment will...
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Related Book For  answer-question

Personal Finance

ISBN: 978-0134724713

4th Canadian edition

Authors: Jeff Madura, Hardeep Singh Gill

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