Mathematics of Finance

[Shreethini]

Do you know the following formula?

Formula

	=	value at time t
	=	original principal sum
	=	nominal annual interest rate
	=	length of time the interest is applied

No, I have not come across this formula

 

[tkhunny]

No, I have not come across this formula

You would have invented it yourself if you would have answered my questions.

 

[Deleted member 4993]

No, I have not come across this formula

Have you seen the following formula:

P(t) = P_o * (1 + r)^n*t

 

[Shreethini]

You would have invented it yourself if you would have answered my questions.

Which question do you require me to answer please?

 

[Shreethini]

Have you seen the following formula:

P(t) = P_o * (1 + r)^n*t

No I have not seen that formula. May I know what the formula is known as?

 

[tkhunny]

Which question do you require me to answer please?

The limit of the process.

 

[Deleted member 4993]

No I have not seen that formula. May I know what the formula is known as?

https://www.investopedia.com/terms/c/compoundinterest.asp

 

[Shreethini]

https://www.investopedia.com/terms/c/compoundinterest.asp

The limit of the process.

I have not really come across the formula you asked about.
Where as I found another way in which I attempted this question, however I am not sure if it is correct.

 

[Shreethini]

I am in need for help for this question, I have attempted the question however I am not sure if this is the correct financial method to use. I would really appreciate if you could let me know whether it is the correct method, if not let me know any other methods that could be used please.
Thank you

 

[Deleted member 4993]

I am in need for help for this question, I have attempted the question however I am not sure if this is the correct financial method to use. I would really appreciate if you could let me know whether it is the correct method, if not let me know any other methods that could be used please.
Thank you
View attachment 17992View attachment 17991

Isn't it the same problem discussed in:

Mathematics of Finance

Do you know the following formula? Formula = value at time t = original principal sum = nominal annual interest rate = length of time the interest is applied No, I have not come across this formula

www.freemathhelp.com

 

[Shreethini]

Isn't it the same problem discussed in:

Mathematics of Finance

Do you know the following formula? Formula = value at time t = original principal sum = nominal annual interest rate = length of time the interest is applied No, I have not come across this formula

www.freemathhelp.com

Yes, but I wasn't sure how to add my working out to my post. So I posted the question again along with my attempt of working this question.