Daily Quote Our anxiety does not come from thinking about the future, but from wanting to control it. (Khalil Gibran) Poem of the Day 立秋雨院中有作 杜甫 Beauty of Words A Clean, Well-lighted Place (1) Ernest Hemingway
In other words, compounding frequency is the time period after which the interest will be calculated on top of the initial amount. For example: Annual (1/Yr) compounding has a compounding frequency of one, Quarterly (4/Yr) compounding has a compounding frequency of four, Monthly (12/Yr) co...