AHHHHH, the JOYS of EXPONENTS...IF ONLY PEOPLE understood that COMPOUND INTEREST is NOT ones friend when taking out a Mortgage or STUDENT LOAD!!!!!😂😂😂😂😂😂😂😂😂♨️♨️♨️♨️♨️♨️♨️
Yep, I learned early as well. A senior analyst did a half hour of the calculus of exponential functions for the deep background of how it works mathematically. The answer as applied was to calculate an average daily rate and apply it to the account balance every night!
l learned Compounding early in life and it should be taught in school and Pounded into their heads,it truly is a wonderful thing,EXPONENTIALLY .
AHHHHH, the JOYS of EXPONENTS...IF ONLY PEOPLE understood that COMPOUND INTEREST is NOT ones friend when taking out a Mortgage or STUDENT LOAD!!!!!😂😂😂😂😂😂😂😂😂♨️♨️♨️♨️♨️♨️♨️
Yep, I learned early as well. A senior analyst did a half hour of the calculus of exponential functions for the deep background of how it works mathematically. The answer as applied was to calculate an average daily rate and apply it to the account balance every night!