PreCal Word Problems

Card Set Information

Author:
esmer.710
ID:
208810
Filename:
PreCal Word Problems
Updated:
2013-03-21 21:10:32
Tags:
precalculus
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Description:
word problems
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  1. Interest Equation
    I = Prt
  2. Compound Interest Formula
    A=P(1+r/n)^(nt)
  3. Continuous Compounding
    A=Pe^(rt)
  4. Effective Rate of Interest: Compounding formula
    re=(1+r/n)^(n)  -1
  5. Effective Rate of Interest: Continous Compounding formula
    re= e^(r) -1

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