Chapter Five - New AMS and AWM Fellows | LSU Math

An annual rate of 6% (( = 1, R = 0.06) gives the same function V(t) as a continuous rate of . A rate of 5.8411% compounded monthly ( ( = 1/12, R = 0.058411 ) also gives r = 0.058269. All of these terms describe the same function V(t), but using different interest rates. ................
................