When Using a Financial Calculator, N Stands for the ____

question 37

Multiple Choice

When using a financial calculator, n stands for the ____.

• A) interest rate per period
• B) number of periods
• C) present value amount
• D) future value amount

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Definitions:

Accrued Interest

The interest that has accumulated on a bond or other fixed-income security since the last interest payment was made.

Semiannually

Happening semi-annually, generally every six months.

Accrued Interest

The interest that has accumulated on a bond since the last interest payment up to, but not including, the present date.

Semiannually

Occurring twice a year, typically every six months.