Examples of Compounding Period in a sentence
Reset Dates: The first day of each Calculation Period or Compounding Period, if Compounding is applicable.
Interest shall be computed by Calculation Agent based on a year of 360 days and the actual number of days elapsed in each Compounding Period.
With respect to any Compounding Period for which the Applicable Floating Rate is determined by reference to LIBOR, promptly following the commencement of such Compounding Period, the Administrative Agent shall give written notice to Borrower of the Applicable Floating Rate.
UNIT–IV: TIME VALUE OF MONEY:Concept - Techniques - Compounding Techniques - Doubling Period - Multiple Compounding Period - Present Value Techniques (Simple Problems).
Compounding Period (CP): The shortest time unit over which interest is charged or earned.