The ________ frequently interest is compounded,the ________ the yield.
A)more; lower
B)more; higher
C)less; higher
D)less; same

Name: The ________ frequently interest is compounded,the ________ the yield. A)more; lower B)more; higher C)less; higher D)less; same
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Question

Quizplus · Accepted Answer

The more frequently interest is compounded, the more times the interest is added to the principal, leading to a higher overall yield. Therefore, option B, "more; higher," is the best choice.

The ________ Frequently Interest Is Compounded,the ________ the Yield

The Frequently Interest Is Compounded,the the Yield