document.write( "Question 998163: Does continuous compounding increase or decrease the amount of time needed to save $10,000 at 12% annual interest when compared to other compounding periods available? \n" ); document.write( "
Algebra.Com's Answer #616032 by solver91311(24713)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Compounding more frequently decreases the amount of time to achieve a fixed future value or increases the future value achieved at a fixed time.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it\r \n" ); document.write( "\n" ); document.write( " |