Ask Question
22 July, 04:17

Compounding and continuous compounding apr

+3
Answers (1)
  1. 22 July, 04:46
    0
    An interest rate is discretely compounded whenever it is calculated and added to the principal at specific intervals. Continuous compounding uses a natural log-based formula to calculate and add back accrued interest at the smallest possible intervals.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Compounding and continuous compounding apr ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers