Continuous Compound Interest (Intro & How to Calculate)
Автор: Houston Math Prep
Загружено: 2020-04-10
Просмотров: 8724
This continuous compound interest video explains the formula for continuous compounding and how to use it. We work some examples of how to calculate continuous compound interest with the formula A=Pe^rt, where we solve for both the accumulated value (ending balance) and the principal (initial deposit). This topic appears in algebra, precalculus, business math, finite math, and liberal arts math courses.
0:00 Introduction & Formula
1:30 Example 1 - Solving for A
3:02 Example 2 - Solving for A
4:12 Example 3 - Solving for P
Houston Math Prep Finite/Business Math Playlist: • Finite Math/Mathematics for Business
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