Concept
Version 8
Created by Boundless
Interest Compounded Continuously
Graph of interest accrued under differing number of compounding periods per year
Starting with a principal of $1000, interest rises exponentially. The graph shows that the more frequent the number of compounding periods the more interest is accrued and shows this visually for yearly, quarterly, monthly and continuous compounding.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:
"Compound Interest with Varying Frequencies."
http://en.wikipedia.org/wiki/File:Compound_Interest_with_Varying_Frequencies.svg
Wikipedia
CC BY-SA.