caculating interest using exp()

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caculating interest using exp()

Postby bert » Sun Feb 19, 2012 4:06 pm

I want to calculate how much interest I will have to pay on a continuously compounding mortgage. I know the formula takes the form exp(Ct), but I don't get the right answer. Also I would like to see the Calculus derivation of the formula.
bert
 

Re: caculating interest using exp()

Postby bert » Sun Feb 19, 2012 5:04 pm

Wikipedia has the answer, I just need the web calculator to plug in the values.
bert
 


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