ok i just need some help with the prove aspect. can someone work through this example as it will be very helpful.
Q) prove by showing every step in your calculations that the final value (s) of an investment plan with interest compounded continuously is given by:
i couldnt type it out on this so its on www.wakasas.blogspot.com its the first picture! with the formula that needs working out. ignore the other pictures i really appreciate the help!!
where "r" is the annual interest rate, "a" the value of the regular payments made by the investor at the end of each year and "t" is the number of years.
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compound interest watch
- Thread Starter
- 30-08-2007 15:09
- 31-08-2007 16:37
It's an exponential function.
What part is difficult for you?