BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS MATHEMATICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How many times a year is annually?
A
1
B
4
C
52
D
365
Explanation: 

Detailed explanation-1: -Something that happens annually occurs once a year, every year.

Detailed explanation-2: -Semiannual means an event that happens twice a year, every six months.

Detailed explanation-3: -If an annual interest rate compounds annually, then it should be compounded once a year. If an annual interest rate compounds semi-annual, then it should be compounded twice a year. If an annual interest rate compounds quarterly, then it should be compounded 4 times per year.

Detailed explanation-4: -Something that happens once a year.

There is 1 question to complete.