Exponential Decay (program)
Sunday, June 3rd, 2007User inputs:
- amount
- rate at which amount decreases
- period of time
Program outputs:
- the amount that is lost
- the new total amount
Algebra Category Archive
Effective Yield (program)
Sunday, June 3rd, 2007Effective yield is a combination of the rate (base yield) and the amount of earned interest you automatically reinvest. This program assumes that you always reinvest all of your earned interest.
User inputs:
- rate
- how often the amount is compounded per year
- the effective yield
Program outputs: