A savings account that pays interest every 6 months is said to have _______ interest period. A. Quarterly B. Monthly C. Daily D. Semi-annual

Respuesta :

The answer is Semi-annual

Answer:

Option (d) is correct.

A savings account that pays interest every 6 months  is said to have SEMI- ANNUAL.

Step-by-step explanation:

Given: A savings account that pays interest every 6 months

We have to choose the correct option that defines the savings account that pays interest every 6 months isknown as.

a) quaterly- when interest is paid after every 3 months .

b) Monthly -  when interest is paid after every month .

c) Daily- when interest is paid after every day .

d) Semi- annual -  when interest is paid after every 6 months .

Thus,  A savings account that pays interest every 6 months  is said to have SEMI- ANNUAL.