Compound Interest
Tags: #EconomicsEquation
$$A = P(1+\frac{r}{m})^{mt} \\ A = Pe^{rt}$$Latex Code
A = P(1+\frac{r}{m})^{mt} \\
A = Pe^{rt}
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Introduction
Equation
Latex Code
A = P(1+\frac{r}{m})^{mt} \\
A = Pe^{rt}
Explanation
Latex code for the Compound Interest. I will briefly introduce the notations in this formulation.
: Future Value/Maturity Value
: Principal/Present Value
: Annual Rate (decimal)
: Number of Compounding Periods per Year
: Time (years)
: Loan/investment is compounded continuously
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