China has 50,000 rivers, each with a catchment area greater than 100 square kilometers. The rivers in China have a total length of 420,000 kilometers. 1,500 of Chinese rivers have a catchment area exceeding 1,000 square kilometers. The majority of rivers flow west to east into the Pacific Ocean.
Continuous Compounding Interest : Continuous compound interest is the procedure of obtaining interest on top of interest in a monthly, quarterly and semiannual basis and the interest is obtained continuously.
The APY of a CD depends on the rate it offers, as well as the frequency with which the interest is compounded. APY is the standard for comparing CDs from different banks. Compounding simply means adding the interest earned onto the balance of your CD. Once that interest is included in your balance and is now principal, it will then begin earning additional interest. For example, an Ally Bank High Yield CD offers a competitive rate that is compounded daily.