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(1.00299/365)^730

Guest Apr 10, 2016
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 #1
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It might be better if you showed us the problem you are working on to result in this equation......that is a weird number.

Are you looking at something compounded daily for two years or something like that?

ElectricPavlov  Apr 10, 2016
 #2
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(1.00299/365)^730

 

I think your formula is slightly wrong the way you have it written. It should look like this: [1 + .0299/365]^2*365=[1 + .0000819178]^730=1.0000819178^730=1.0616216.....

 

The way you have it written would be=.0000075285419^730=1.0 x 10^-3741 !!!?????.

Guest Apr 10, 2016

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