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Use the following to answer questions:
-(Table: Population Data for Estill County) Use Table: Population Data for Estill County. What is the unemployment rate?
Compounded Semi-Annually
Refers to the process where interest is added to the principal balance of an investment, loan or deposit twice a year.
Compounded Quarterly
Interest calculation method where the interest is added to the principal every quarter, affecting the calculation for subsequent quarters.
Principal
The initial amount of money borrowed or invested, excluding any interest or dividends.
Compounded Monthly
Interest on an investment or loan calculated and added to the principal amount on a monthly basis.
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