This is the formula for continuously compounding interest where:
A = total amount P = principal or starting amount e = Euler's constant (about 2.718) r = rate as a decimal t = time in years
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Algebra • Calculus
This is the formula for continuously compounding interest where:
A = total amount P = principal or starting amount e = Euler's constant (about 2.718) r = rate as a decimal t = time in years