The time period after which interest forms a new principal is called t…

Question

The time period after which interest forms a new principal is called the:

Accepted Answer

C. Conversion period

1. It may be a year, a half year or a quarter.
2. At its end the interest joins the principal.
3. It is the conversion period.
_Source: syllabus Mathematics, Chapter 8, Comparing Quantities._

Answer

Correction period

Answer

Completion period

Answer

Collection period

The time period after which interest forms a new principal is called the:

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