My loan is compounded annually, but the only options are daily, monthly or semi-annual.

jimbab
jimbab Member ✭
edited August 2020 in Budgeting and Planning Tools (Windows)
I am the lender. My loan is compounded annually, but the only options are daily, monthly or semi-annually. How can I get Quicken to set up annual compounding.

Comments

  • Mark1104
    Mark1104 Member ✭✭✭✭
    can you provide more specific terms of the loan?  sounds like the interest accrues and then is capitalized at year end. 
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