The more frequently the interest payments are compounded, the larger the future value of $1 for a given time period.

Name: The more frequently the interest payments are compounded, the larger the future value of $1 for a given time period.
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When interest payments are compounded more frequently (such as monthly instead of annually), the interest is earned on a larger principal amount each time. This results in a higher overall return on investment and a larger future value of $1 for a given time period.

The More Frequently the Interest Payments Are Compounded, the Larger