Cd Time Account Calculator What Is The Difference Between Compounded Daily And Compounded Annually?

What is the difference between compounded daily and Compounded annually? - cd time account calculator

with a view to a CD account that's my CD account compounded daily, and if I http://www.bankrate.com/calculators/savi page ... Calculate how much money I have on the due date, I realized that most of their money when reinforced daily compounded annually.
What is the difference?