Question

match the compounding periods with the value of n.
$n = 365$

1. compounded annually

$n = 2$

1. compounded semi-annually

$n = 4$

1. compounded quarterly

$n = 12$

1. compounded monthly

$n = 1$

1. compounded daily

Explanation:

Match each compounding frequency to the number of times it occurs per year, which is the value of $n$:

1. Annual compounding happens 1 time per year.
2. Semi-annual compounding happens 2 times per year.
3. Quarterly compounding happens 4 times per year.
4. Monthly compounding happens 12 times per year.
5. Daily compounding happens 365 times per year.

Answer:

$n=365$ → 5. Compounded daily
$n=2$ → 2. Compounded semi-annually
$n=4$ → 3. Compounded quarterly
$n=12$ → 4. Compounded monthly
$n=1$ → 1. Compounded annually