Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) §6.3 Growth and Decay in Science and Economics, #52 · Differential Equations · Applications
You are the loan shark
This problem is about the mathematics of finance.
You are the loan shark. What is $1 worth after a year of continuous compounding at 1% per day?
Gilbert Strang, Calculus, 3rd edition (Wellesley-Cambridge Press; MIT OpenCourseWare RES.18-001) · §6.3 Growth and Decay in Science and Economics, #52
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