Question

define the semi compounded annual? ??​

Answer 1

Answer:

Compounding periods can range from daily to annually. When interest is compounded semiannually, it means that the compounding period is six months. Therefore, if you have a five-year loan that compounds interest semiannually, the total interest up to that period is added to the principal nine times.

Answer 2

Answer:

Semiannual means twice a year. So the 10% is split into two: but each time it is compounded (meaning the interest is added to the total)

Step-by-step explanation:

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