e8 / PPA DSM Workshop Fiji Islands November 2-6, 2009 Assume $5000 at 6% compounded every 12 months for 4 years: $5000 X (1.06) 4 = $6312.38 Assume $5000 at 6% compounded every 6 months for 4 years: $5000 X (1_.06/2) 8 = $6333.85 ($21.47 more) Assume $5000 at 6% compounded every month for 4 years $5000 X (1_.06/12) 48 = $6352.45 ($40.07 more) Assume $5000 at 6% compounded every day for 4 years $5000 X (1+.06/365) 1460 = $6356.12 ($43.70 more)
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