Understanding money's building blocks

Initial amount

Annual interest rate

Number of compounding periods

Compounding frequency

Balance after months

Interest accrued over months

With monthly compounding

See how compounding frequency affects returns over the same time period.

Compounding Frequency	Final Amount	Interest Accrued
Annually	-	-
Semi-annually	-	-
Quarterly	-	-
Monthly	-	-
Biweekly	-	-
Weekly	-	-
Daily	-	-

Annually

Periods0

Final Amount-

Interest Accrued-

Semi-annually

Periods0

Final Amount-

Interest Accrued-

Quarterly

Periods0

Final Amount-

Interest Accrued-

Monthly

Periods0

Final Amount-

Interest Accrued-

Biweekly

Periods0

Final Amount-

Interest Accrued-

Weekly

Periods0

Final Amount-

Interest Accrued-

Daily

Periods0

Final Amount-

Interest Accrued-

Over the same time period, more frequent compounding results in more interest accrued, assuming the annual interest rate stays the same.