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question is about compound interest. \[a=p(1+r/m)mt and a=p(1+r)t\]

symbols are ordinary, why this two result arn't the same?

a=p(1+r/m)^mt a=p(1+r)^t

@.Gjallarhorn.

I'm sorry, I don't know your answer since I'm not good with financial mathematics

i know that ,but they must be equal, i think so

i understand that man, but why did you diveded anual rate by 12,is it ok?

no

kaneshna gavariu, no po angliski luchshe :)

so the answers will be different when calculating anualy and monthly?

yes

and dividing by periods is ok? so do they mean so when asking for periods(we know only annualy)

i am sorry i don't understand your language fully,i am an indian.

i'm also not native speaker :D

so you divided it by 12 or by 6 and so on(anual rate) is it ok?

correct

but at the sametime multiply t by 12

i thought that this was just 2 different ways,but the answers must be the same, i thougt so

no ,as you see principal goes on changing for compound interest.

on earth :)

okay thanks man :)

yw

pe^rt will be if its continous

yeah i see, it easy to prove :)

yeah that is cool way to define e :) creative

okay thanks @ganeshie8

so when you have like 12% anualy can you always say that monthly will be like 1 % @ganeshie8

oh i closed the question