Question: In lecture, Professor Gruber explained discrete compounding interest. Interest can also be compounded continuously. Here we explain the difference. Professor Gruber calculated future value as

In lecture, Professor Gruber explained discrete compounding interest. Interest can also be compounded continuously. Here we explain the difference.

Professor Gruber calculated future value as

In lecture, Professor Gruber explained discrete compounding interest. Interest can also becompounded continuously. Here we explain the difference.Professor Gruber calculated future value asFV + tFV 1+r mt mFV rt

FV + tFV 1+r mt mFV rt

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