Apr 27
Check this excellent explanation of compounding. Something that is key to investing. Aside from the blurry exhibits that are shown during the video, you can check out this example of compounding here.
[youtube e1cWgXhMoDI nolink]
August 28th, 2007 at 10:22 pm
[...] Rate. But it’s different in that Annual Percentage Yield is calculated using the effects of compounding. Typically APY is compounded [...]