You're actually compounding continuously.

It's one tragedy compounding another.

There are other videos on compounding continuously.

You're compounding every zillionth of a second.

So this is how many periods I'm compounding.

This is actually the power of compounding interest.

So now, in this situation. we are compounding the interest.

But I'm just going to keep it a simple example, compounding annually.

When we started compounding, at first you owed me 2, just when

Even though it looks suspicious to you, it is called compounding interest.

So hourly compounding I should've been doing this in green since it's money.

And just keep in mind, all I'm doing is I'm compounding the interest, right?

What I want to do in this video is talk a little bit about compounding interest.

So let's say this is a different reality here, where we have 7 compounding annual interest.

And then the amount that you owe me after one compounding period is 1 times the principal, plus my annual interest rate so in this case it's r divided by the number of times I'm compounding.

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This is annual interest, and they're usually compounding on a monthly basis, so 6 divided by 12.

Compounding that, the material of choice, laminate, that I was trying to highlight, only bends in two dimensions.

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