caculating interest using exp()
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caculating interest using exp()
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()
Wikipedia has the answer, I just need the web calculator to plug in the values.
- bert
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