If Compounding of Interest Occurs More Often Than Annually,explain How

question 4

Essay

If compounding of interest occurs more often than annually,explain how you would compare three interest rates of the same amount:
one that is quoted annually,one semi-annually and one quarterly.At which rate would you expect the same investment amount to grow the most over ten years?

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Definitions:

Indirect Exporting

A form of exporting where a company sells its products to a third party, such as an export intermediary, who then sells the products in foreign markets.

Intellectual Property

Legal rights that result from intellectual activity in the industrial, scientific, literary, or artistic fields.

Royalty

A payment made to an owner of certain types of rights, such as patents, copyrights, or natural resources, for the right to use those rights.

Direct Exporting

A method where a company sells its products directly to buyers in a target market abroad.