• The process of accumulating the time value of money forward in time on a continuous, or instantaneous, basis. Interest is earned continuously, and at each instant, the interest that accrues immediately begins earning interest on itself.
• Compounding of interest an infinite number of times per year at intervals of microseconds.
Practical Advice for Everyone on How to Save and Manage Money: No matter how old or young you are, there are some basic things you can do to better manage and protect your money. Here are recommendations from FDIC Consumer News. More...
Do not go where the path may lead, go instead where there is no path and leave a trail. - Ralph Waldo Emerson