3 ms·
Even 10% annually or 10% monthly isn't specific enough. There is also the compounding frequency, which I think is what OP is getting at. 10% annually compoundi
by tacostakohashi 4y ago
Even 10% annually or 10% monthly isn't specific enough.
There is also the compounding frequency, which I think is what OP is getting at. 10% annually compounding daily is different and more than 10% annually compounding monthly.
- jstx1 4y agoIs that the same as what I'm describing in my last sentence i.e. deciding how often to pay the interest?