The future value of interest if it is calculated once a year is classified as Options: A . &nbspOne time compounding B . &nbspannual compounding C . &nbspsemiannual compounding D . &nbspmonthly compounding

The future value of interest if it is calculated once a year is classified as

Question

The future value of interest if it is calculated once a year is classified as

Options:

A . One time compounding

B . annual compounding

C . semiannual compounding

D . monthly compounding

Answer: Option B
Answer: (b).annual compounding

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