Math, asked by himanshuraj9274, 4 months ago

if the interest is compounded quarterly then there are 2 conversion period in years
true or false

Answers

Answered by ItzMeMukku

2

Step-by-step explanation:

(v) If the interest is compounded quarterly then there are 2 conversion periods in a year.

Correct: It is compound interest. next period is called conversion period

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