
 Compound Interest Calculation (Site not responding. Last check: 20071013) 
  Starting from an event in 1625 and using different compound interest calculation and also considering three methods, rounded, truncated and rounded up, to post the values, we calculated the final balance in1997 in the "account" established since 1625 and with $24 principal. 
  Compound interest is calculated more often, and as soon as it's calculated, the interest in added to your account. 
  When next time to calculate the compound interest, only need to start from the posted value, or only need to consider the decimal to the 2 digits after the decimal point, simply to say, it's the principal for next compound interest calculation. 
 www.pa.uky.edu /~minli01/cs650/interest.htm (980 words) 
