Neas-Seminars

annual vs. continuous compounding


http://tempforum.neas-seminars.com/Topic11174.aspx

By ytirschwell - 12/12/2011 8:22:32 PM

If I used continuous compounding, can I leave my answer, or do I need to do it over again? I only saw after that the discussion says to use annual.

[NEAS: Continuous compounding is fine. On final exam problems, the difference between annual compounding and continuous compounding is small and will not affect the choice of correct answer.]