Re: TIB: Ok just a question

To: ti-basic@lists.ticalc.org
Subject: Re: TIB: Ok just a question
From: "Zane Tian" <arkane17@hotmail.com>
Date: Sat, 25 Mar 2000 17:45:33 EST
Reply-To: ti-basic@lists.ticalc.org


"e" is a number that shows up a lot in finance... it's when you have 
something, and you take compound interest continually.  We all know that the 
yields of compound interest is higher than normal interest for the same 
percentage and the same time... however, I used to think that if you 
compound infinitely, you could get an infinite amount.  This isn't true, 
tho.  This is where the number "e" comes up.  In the interest equation, if 
you take (1+1/x)^x where x = infinite, you get the expression "e"

"e" also comes up a lot in things like half lifes (natural logorithms), 
trigonometry, and a LOT in calculus.

>From: HaRMaN10@aol.com
>Reply-To: ti-basic@lists.ticalc.org
>To: ti-basic@lists.ticalc.org
>Subject: TIB: Ok just a question
>Date: Thu, 23 Mar 2000 14:35:49 EST
>
>
>Ok i got to thinking during math class the other day and i was wondering 
>what
>is up with this e number thing.  Could someone explain that to me?
>

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