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Is a constant interest rate...

The same as a continuously compounded rate?

Thanks in advance.

Ashwin Wrote:
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> I don't think so. The continuous compounding one
> uses function "e" in the calculator. It is assumed
> to be compounding lot more frequently than the
> constant rate and as a result gives you more in
> result than the constant rate.

That is what I thought. Finquiz used the term constant interest rate and then calculated it as e.

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