QRB 501 Wk 3 Discussion – Compounding Interest

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QRB 501 Wk 3 Discussion - Compounding Interest
QRB 501 Wk 3 Discussion – Compounding Interest
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QRB 501 Wk 3 Discussion – Compounding Interest

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.

Due Thursday

Respond to the following in a minimum of 175 words:

Many people think of compounding interest as a bad thing but it can also be good.

 

Provide examples of the following:

  • a time when compounding interest has been in your favor

  • a time when compounding interest has notbeen in your favor

If you do not have personal experience with compounding interest just explain in general terms when it would be good and when it would be bad.

Due Monday

Reply to at least 2 of your classmates. Be constructive and professional in your responses.