ECONOMICS
COMPOUND INTEREST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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1
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4
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52
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365
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Detailed explanation-1: -A fiscal quarter is a three-month period in which a company reports its financial results. As its name suggests, there are four quarterly periods in a year, meaning a publicly-traded company would issue four quarterly reports per year.
Detailed explanation-2: -A quarterly event happens four times a year, at intervals of three months.
Detailed explanation-3: -According to the Quarter definition, the term quarter means a set of four 3-month divisions of a year-Q1, Q2, Q3, and Q4.
Detailed explanation-4: -triennial (every three years) which is sometimes confused with triannual (usually every four months).
Detailed explanation-5: -Each quarter is 10 weeks in length and there are usually three quarters in an academic year: Fall (beginning in September), Winter (beginning in January), and Spring (beginning in March).