f by default is 1. that is when it is compounded yearly
- compounded monthly is f=12
- compounded weekly is f=52 i = interest rate. eg, 12%
Compound Rate Meaning
Yearly: 1 Semi-Annually: 2 Quarterly: 4 Monthly: 12 Daily: 365
A=P(1+fi)ft f by default is 1. that is when it is compounded yearly
Yearly: 1 Semi-Annually: 2 Quarterly: 4 Monthly: 12 Daily: 365