Better than compounding daily is compounding continuously. That’s what the constant “e” represents. But probably not that much improved over daily and people that are not math majors would not understand it anyway.
I quit going to Subway because they started asking for tips! Mind you Subway is NOT a “sit down” restaurant where someone comes to take your order and then bring it to you at your table when it is ready. I really like Europe better in this regard. They pay the help a good enough salary where tipping is not necessary nor is it expected.
Better than compounding daily is compounding continuously. That’s what the constant “e” represents. But probably not that much improved over daily and people that are not math majors would not understand it anyway.