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Question by  squirrel (10)

What's the equation for compound interest rates in calculus?

 
+6

Answer by  willard (874)

The equation for compounding interest continuosly is x=x0 e^(rt), where x is the balance at time t, x0 is the initial balance, and r is the interest rate. This equation is the solution of the equation dx/dt = rx, and is obtained by dividing both sides by x and integrating, and then exponentiating the result.

 
+1

Answer by  Senbagam (138)

It is nothing but the addition of simple interest and the interest's rate. The same way you will find in calculus.

 
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