haydhelenperez haydhelenperez
  • 22-12-2016
  • English
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Explain whether money earns more compounded annually or quarterly.

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thomask4444
thomask4444 thomask4444
  • 22-12-2016
Quarterly because annually takes one year to make money while quarterly makes money four times a year.
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colleen8
colleen8 colleen8
  • 22-12-2016
Quarterly because the interest will keep adding. For example, if you have $25 in the bank and at the quarter it becomes $26 at the next quarter interest will be added to the 26 so the number gets much bigger
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