Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded ?

/ Engineering Economy / By
Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded ?

A. Monthly
B. Bimonthly
C. Quarterly
D. Annually