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Compound interest....	by MrTrick	2004-12-14 19:51:33
A = Pmultiplier multiplier = [1+(r/t)]^(nt) Where r = rate, n = number of years, t = number of times compounded per year. Anyone bored and feel like calculating the limit of multiplier in terms of r and n as t -> infinity? (ie interest compounded every week, every day, every hour, every second...) (No, it's not a homework question, I'm just bored at work)
[ Reply ]
e	by raptor_87	2004-12-14 20:12:49
No, that can't be right.	by MrTrick	2004-12-14 20:18:39
oops, also assuming n=1 (n/t)	by raptor_87	2004-12-14 20:26:16
err t=1, I mean?	by raptor_87	2004-12-14 20:29:14
Continuous interest.	by Atrahasis	2004-12-14 21:33:56

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