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Which of these compound interest options will give you the highest ending balance? Compound monthly Compound every other month Compound every six months Compound annually

Which of these compound interest options will give you the highest ending balance? Compound monthly Compound every other month Compound every six months Compound annually
asked 155k views
3 votes
Which of these compound interest options will give you the highest ending balance?

Compound monthly
Compound every other month
Compound every six months
Compound annually

asked
User Milosdju
by
7.7k points

1 Answer

5 votes
Compound monthly is correct
answered
User Lunedor
by
8.4k points
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