If compound interest is paid twice a year, we say that the interest is compounded ______. If compound interest is paid four times a year, we saythat the interest is compounded________ . If the number of compounding periods increases infinitely,we call this________ compounding.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.2: Exponential Functions
Problem 46E
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If compound interest is paid twice a year, we say that the interest is compounded ______. If compound interest is paid four times a year, we say
that the interest is compounded________ . If the number of compounding periods increases infinitely,we call this________ compounding.

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