Posted by **Anonymous** on Friday, January 31, 2014 at 6:00pm.

How often do banks calculate interests on accounts with simple interest?

A.daily

B.weekly

C.monthly

D.yearly

My lesson says that interest can be calculated daily, weekly, monthly, or yearly.

## Answer this Question

## Related Questions

- SS - How often do banks calculate interests on accounts with simple interest? ...
- SS - How often do banks calculate interests on accounts with simple interest? ...
- math - This problem has to do with exponential models. The question says, you ...
- Compound math - (Future Value) Suppose you invest $8000 into an account that ...
- Investing - Interest of 12% per year compounded monthly is roughly equivalent to...
- statistics - Question: In 2001 the stock market took some big swings up and down...
- Math - $ 2631 is deposited into an account for 15 years. Determine the ...
- Calculus help - assume that the initial deposit is $20000 and the nominal annual...
- math - Compound Interest Question James has 10,000 to invest. If he invest money...
- algebra - Larry Mitchel invested part of his $32,000 advance at 7% annual simple...