Discussion - What effect does compounding interest more frequently than annually

Discussion - What effect does compounding interest more frequently than annually

Question # 00700459 Posted By: katetutor Updated on: 06/22/2018 12:50 PM Due on: 06/22/2018
Subject Finance Topic Finance Tutorials:
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What effect does compounding interest more frequently than annually have on (a) the future value, and (b) the effective annual rate (EAR)? Explain. How would you explain the difference between the annual percentage rate (APR) and effective annual rate (EAR) to a friend with no background in finance?

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    Tutorial # 00700251 Posted By: katetutor Posted on: 06/22/2018 12:50 PM
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