Topic: compounding list of topics
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3 items are filed under this topic.

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	Which compounding period will make the interest rate be as low as possible?		2007-03-27
		From lilly: if i decide to loan a friend 12000 and he said that he will pay it back in a single payment of 16000 after 5 years. which compounding period will make the interest rate be as low as possible? daily or yearly? how can i calculate each (yearly compound and daily compound)? Answered by Penny Nom.
	$20,000 at 25% compounded daily		2004-02-03
		From A student: Hi there, I'm tying to figure out how much interest I would pay on 20,000 if it was 25% compounded daily. Answered by Penny Nom.
	Compounding continuously		2000-03-21
		From Gina: You deposit $1500 in an account that pays 6.5% annual interest, compounded continuously. Find the balance after 10 years. I'm not sure what to do with the "compounded continuously" part. Answered by Penny Nom.

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