Important Equations To Differenciate Flashcards
1
Q
Compound Interest
A
A = P(1 + r/n) ^nt
N times per year
2
Q
Continuous population
A
A = Pe^rt
3
Q
Yearly growth / decay
A
A = P(1+- r) ^t
4
Q
A mortgage type compound interest
A
A = Mp^nt (1-p) /
(1-p^nt)
M=size of mortgage n= # compounds (per year) t= length (years) P = (1 + r/n) r= interest rate (decimal)
