Skip to content. The ALT text used on graphical equations is similar to, but not exactly like Math Speak; a few conventions are borrowed. Exponents are read as supe followed by the exponent then base to signify terms representing the exponent have ended. Subscrpts are read as sub followed be the subscript, then base. Parenthesis are read in line as they occur: left parens opens the parenthetical and right parens closes it. Square brackets are read as left bracket then right bracket. Fractions are always read as numerator followed by denominator. One half would be numerator one denominator two.

## Frequency of Compounding

### Introduction

Your grandmother sends you $100 for your birthday, and you decide to invest it.

You visit three different borrowers and each offers you the same interest rate. You discover, however, that one borrower computes interest monthly, the other semiannually and the third annually.

Which borrower should you pick? Which one will result in more money for you?