PLS HELP!!!!!!!
MEDAL AND FAN
Write a sentence or two to explain the difference between interest compounded continuously and interest compounded monthly.

Question

rowanmartinfan · Answer

http://en.wikipedia.org/wiki/Compound_interest middle of the page that stanza is where ull find it

anonymous · Answer

can u pls highlight the text and paste it....the document is huge

anonymous · Answer

thats fine
can you pls highlight the text and paste it @RowanMartinFan

rowanmartinfan · Answer

For any given interest rate and compounding frequency, an "equivalent" rate for any different compounding frequency exists.
Compound interest may be contrasted with simple interest, where interest is not added to the principal (there is no compounding). Compound interest is standard in finance and economics, and simple interest is used infrequently (although certain financial products may contain elements of simple interest).

anonymous · Answer

??????? interest compounded continuously and interest compounded monthly was my ques???