continously compound interest formula
Answers
Answered by
1
Answer:
P(t)=P_{0}e^{rt}
P(t) = value at time t
P_0 = original principal sum
r = nominal annual interest rate
t = length of time the interest is applied
Step-by-step explanation:
Answered by
0
Answer:
p(t)=p0ert
Step-by-step explanation:
p(t)=value at time
p0 =original principal sum
r nominal annual interest
t length of time
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