Understanding money's building blocks

Initial amount

Annual interest rate

Number of compounding periods

Compounding frequency

Balance after

Interest accrued over

With annual compounding

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

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

Annually

Periods-

Final Amount-

Interest Accrued-

Semi-annually

Periods-

Final Amount-

Interest Accrued-

Quarterly

Periods-

Final Amount-

Interest Accrued-

Monthly

Periods-

Final Amount-

Interest Accrued-

Biweekly

Periods-

Final Amount-

Interest Accrued-

Weekly

Periods-

Final Amount-

Interest Accrued-

Daily

Periods-

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.