IN MATH: 1. v., adv. paying interest on both the principal and the already earned interest one or more times per year EX. With Ken's account, interest is compounded quarterly.

IN ENGLISH: 1. v.t. to make by combining parts. EX. Joking now will only compound the problem. 2. n. a thing made of more than 1 part. EX. The druggist can make a compound to ease the pain. 3. n. a group of buildings, often enclosed, considered as one place. EX. The wagon train formed a compound for its nightly stop.

APPLICATION: See list 120.

1. When interest is compounded quarterly, how many times each year is interest paid?

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