The More Frequent the Compounding,the Less a Person Will Earn

question 92

True/False

The more frequent the compounding,the less a person will earn on a savings account.

---

Definitions:

Insurance Payouts

Refers to the money that insurance companies pay to policyholders or beneficiaries when a claim is made and approved under the terms of an insurance policy.

Government Bailouts

Financial assistance given by a government to a failing business or sector, intended to prevent widespread economic disruption.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, which are not reflected in the transaction's market price.