POV-Ray : Newsgroups : povray.off-topic : A puzzle : Re: A puzzle Server Time
6 Sep 2024 21:22:18 EDT (-0400)
  Re: A puzzle  
From: Mike Raiford
Date: 23 Oct 2008 12:24:54
Message: <4900a556$1@news.povray.org>
Invisible wrote:

> If something earns 10% compound interest in a year, how much interest 
> does it earn in half a year?
> 
> (Now if it were *simple interest*, it would be 5%. But I don't how what 
> it is for compound interest...)

GIYF or WIYF:

http://en.wikipedia.org/wiki/Compound_interest

It depends on the frequency of the compounding.
-- 
~Mike


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