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How does continuous compounding benefit an investor?
The effect of enhancing the number of compounding periods per year is to increase the future value of the investment. The more often interest is compounded, the larger the future value. The minimum compounding period is used when we do continuous compounding--compounding that takes place every tiny unit of time (the smallest unit of time imaginable).
Checklists or questionnaires Audit firm will have a standard list of control questions. Audit staff can quickly ascertain which if any, are in operation by the client. There
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A niche market targets a well-defined and specific market segment. Firms that operate in niche markets will therefore cater for the precise and distinct needs of their customers. D
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