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Compound Continuously Formula
A= Pert
Compound Interest
A= P(1+r/n)tn
Exponential Growth Formula
A= P(1+r)t
When do you use the exponential growth formula?
When an amount increases by a fixed percentage over time.
What does it mean when x is divided in an exponent?
Each growth or decay period takes longer. Example: x/2 means every 2 time units.
Half life formula
A= P(1/2)x/t