what is continuous compounding. what is continuous compounding? Explain with the help of an example.
Answers
Answered by
1
Answer:
Continuous compounding is the mathematical limit that compound interest can reach if it's calculated and reinvested into an account's balance over a theoretically infinite number of periods. ... It is an extreme case of compounding, as most interest is compounded on a monthly, quarterly, or semiannual basis.
Similar questions