Select Page

Quarterly Compounding  

Table 2.3

1

Table 2.4. presents a comparative picture of Mr X’s savings at the end of two years when they are compounded annually, half-yearly and quarterly. The table warrants the generalization that the more frequently the interest is compounded, the greater is the amount of money accumulated. This is prima~y because interest is earned more frequently.

[vfb id=1]

Share This