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Groups > alt.algebra.help > #4870
| From | Daniel Bastos <dbastos@toledo.com> |
|---|---|
| Newsgroups | alt.algebra.help |
| Subject | Re: on a compound interest problem |
| Date | 2017-03-19 20:15 -0300 |
| Organization | Aioe.org NNTP Server |
| Message-ID | <86o9wwn9im.fsf@toledo.com> (permalink) |
| References | <867f3lo0m3.fsf@toledo.com> <paptcc9hhg8cejff2ti6j46im0djk400lu@4ax.com> |
Barry Schwarz <schwarzb@dqel.com> writes: > On Sun, 19 Mar 2017 10:30:12 -0300, Daniel Bastos <dbastos@toledo.com> > wrote: > >>I say this problem's formula is incorrect, but I'd appreciate an expert >>confirmation. >> >>Problem. Consider an amount q invested for n years at an interest rate j. >>The total amount after n years is given by the formula >> >> gf = q * ((1 + j/100) + (1 + j/100)^2 + ... + (1 + j/100)^n). > > This is the formula for q invested **each year** over a length of n > years. That's probably what the problem meant. Thank you. [...]
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on a compound interest problem Daniel Bastos <dbastos@toledo.com> - 2017-03-19 10:30 -0300
Re: on a compound interest problem Barry Schwarz <schwarzb@dqel.com> - 2017-03-19 13:11 -0700
Re: on a compound interest problem Daniel Bastos <dbastos@toledo.com> - 2017-03-19 20:15 -0300
Re: on a compound interest problem Alla <vitale.alla@gmail.com> - 2017-06-06 10:30 +0300
Re: on a compound interest problem Alla <vitale.alla@gmail.com> - 2017-06-06 10:34 +0300
Re: on a compound interest problem Daniel Bastos <dbastos@toledo.com> - 2017-08-10 13:03 -0300
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