Here is how the interest. Ad Financial Advisors Offer Many Services Insights for Saving. The Power Of Compounding How 1 Penny Doubled Every Day Turns Into 10 Million By Day 31 Financial Apps Finance Goals Day Calculator Generally regardless of the compounding period the interest rate is given as an ANNUAL RATE sometimes called the nominalrate labeled with an r. . Start your trial now. The accumulated amount after five years is. The interest to be added interest rate for one periodbalance at the beginning of the period. First week only 499. Open A High Yield Savings Account Today. Vhutshilo won R165 000 and decided to deposit 65 of this amount in an account earning 825 interest per year compounded every four months. Find step-by-step Engineering solutions and your answer to the following textbook question. 12 compounded every 4 months for 7 years. Taking this into account an interest calculated on a balance