Chapter 2 Flashcards
1
Q
How many weeks in a year?
A
52
2
Q
How much is quarterly?
A
4
3
Q
If you compound more frequently, do you get more money?
A
Yes
4
Q
How many in Bi-annual
A
2
5
Q
How many fortnights in a year?
A
26 (52/2)
6
Q
How many times would you compound a year if it was daily?
A
365