Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) §6.3 Growth and Decay in Science and Economics, #44 · Differential Equations · Applications
What continuous interest rate is equivalent to an annual rate of 9%
This problem is about the mathematics of finance.
What continuous interest rate is equivalent to an annual rate of 9%? Extra credit: Telephone a bank for both rates and check their calculation.
Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) · §6.3 Growth and Decay in Science and Economics, #44
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