Long Term Compounding Interest

[texasgamer]

This tutorial on Long Term Compounding Interest http://www.financescholar.com/compounding-interest-long-term.html shows a graph where the monthly compounding amount of 148,940 is so much higher than the annual compounding of 146,419.
But in today's economy, how do you achieve monthly compounding? Are there any tricks?
For example, i know of ING Direct offering GICs where you lock in your money for 4% for 6 months, so thats semi-annual interest?

 

[Guest109]

compound monthly interest seems the way to go according to the drafts

 

[darag]

No-one calculates interest that way. They quote interest rates using CAR or its equivalent which means there it doesn't even make any sense to ask whether the interest is "compounded" monthly, weekly or daily.