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Type: Multiple-Choice
Category: Math
Level: Grade 11
Standards: HSF-IF.C.7c
Author: GracieHelpTeaching
Created: 2 years ago

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Grade 11 Math CCSS: HSF-IF.C.7c

How does the frequency of compounding affect compound interest?
  1. Compounding frequency has no effect on compound interest.
  2. The higher the compounding frequency, the lower the compound interest.
  3. The lower the compounding frequency, the higher the compound interest.
  4. The higher the compounding frequency, the higher the compound interest.