Will the future value be larger or smaller if we compound an initial amount more often than

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Will the future value be larger or smaller if we compound an initial amount more often than annually—for example, every 6 months, or semiannually—holding the stated interest rate constant? Why?

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Corporate Finance A Focused Approach

ISBN: 978-1439078082

4th Edition

Authors: Michael C. Ehrhardt , Eugene F. Brigham

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Posted Date: Jun 29, 2018 11:30 AM

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Will the future value be larger or smaller if we compound an initial amount more often than

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The future value of an investment would be large if the initial amount will compounded more ... View the full answer

Corporate Finance A Focused Approach

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