CramX Logo

Q
QuestionMathematics

If you are paid every 3 months, or 4 times a year, what is that called? quarterly biweekly bimonthly semimonthly
12 months agoReport content

Answer

Full Solution Locked

Sign in to view the complete step-by-step solution and unlock all study resources.

Step 1:
Let's solve this step by step:

Step 2:
: Understand the Frequency of Payment

The problem asks about being paid every 3 months, which means 4 times per year.

Step 3:
: Analyze the Given Options

- quarterly: means 4 times per year - biweekly: means every 2 weeks (26 times per year) - bimonthly: means every 2 months (6 times per year) - semimonthly: means twice per month (24 times per year)

Step 4:
: Match the Payment Frequency

Since the problem describes being paid 4 times per year, which is every 3 months, the correct term is "quarterly".

Final Answer

Explanation: - "Quarterly" literally means "occurring four times per year" or "happening every quarter (3 months)" - This matches exactly with the payment schedule described in the problem