andrel wrote:
> On 23-Oct-08 17:58, 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...)
> 
> Isn't this why logarithms were invented?

Probably. But I don't know how to correctly apply them in this case...

-- 
http://blog.orphi.me.uk/
http://www.zazzle.com/MathematicalOrchid*

Post a reply to this message