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

jimbab Quicken Windows Subscription Member

August 2020 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.

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  Mark1104 Member ✭✭✭✭

  August 2020

  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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