What’s better, daily compounding interest or monthly compounding interest as relating to savings accounts?
Tuesday, January 19th, 2010
at
3:47 pm
ajl_6 asked:
I’m looking at different internet banking options and notice that some offer daily compounding, and some monthly. I just want to know if that should be an important factor in choosing a bank.
I’m looking at different internet banking options and notice that some offer daily compounding, and some monthly. I just want to know if that should be an important factor in choosing a bank.
Tagged with: Compounding Interest • Internet Banking • Savings Accounts
Filed under: Online Banking
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