Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between monthly compounding and semi-annual compounding?

0
Posted

What is the difference between monthly compounding and semi-annual compounding?

0

The compounding is just a fudge factor used to calculate the interest. For a loan, the more frequent the compounding the more money a lender makes on interest.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123