How do I put an equation in the exponent spot?
This is my Equation- A=500(1+.04/24)24*6
You beat me to the punch CPhill. haha
Just type this:
500(1+.04/24)^(24*6)
Sorry, HSC......didn't mean to steal your thunder......HAHAHA!!!
This is compounding interest formula. A=500(1+.04/24)24*6
But, why are you dividing the interest (4%) by 24? What does 24 represent?
