Compounding Frequencies
The compounding frequency determines how often accrued interest is added to the principal, which then earns interest itself.
LibreFolio supports the following frequencies for compound interest calculations:
ANNUAL: Compounded once per year.SEMIANNUAL: Compounded twice per year.QUARTERLY: Compounded four times per year.MONTHLY: Compounded twelve times per year.DAILY: Compounded 365 times per year.CONTINUOUS: Compounded infinitely. The formula for continuous compounding is:
\[ A = P \times e^{rt} \]