LO 21.6 Compounding

Sheet3

Input assumptions
EAY, r
10.0%
Initial wealth (A)
$1.00 
Number of years (n)
 10.00 
Equivalent
Compound
Terminal
Periodic
Frequency
Value
Return
1
$2.59374 
10.000%
2
$2.65330 
9.762%
4
$2.68506 
9.645%
12
$2.70704 
9.569%
360
$2.71790 
9.532%
Cont.
$2.71828 
9.531%