How is non annual compounding preferable to annual compounding if you are an investor
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☆☆☆☆☆Covaxin is an inactivated vaccine which means that it is made up of killed coronaviruses, making it safe to be injected into the body. Bharat Biotech used a sample of the coronavirus, isolated by India's National Institute of Virology.
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Explanation:
One of the benefits of continuous compounding is that the interest is reinvested into the account over an infinite number of periods. It means that investors enjoy the continuous growth of their portfolios, as compared to when they earn interest monthly, quarterly, or annually with regular compounding.
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