To calculate the ending balance after 2 years with continuous compounding, the equation would be. This can be shown as $1000 times e(.2) which will return a balance of $1221.40 after the
Continuous Compounding can be used to determine the future value of a current amount when interest is compounded continuously. Use the calculator below to calculate the future value
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The math equation is simple, but it's still confusing.
You can get math help online by visiting websites like Khan Academy or Mathway.
Math can be confusing, but there are ways to clarify questions and get the answers you need.
Please Note: Inputting a very large value for the number of compounds per year (C/Y) is an approximation of infinity, resulting in continuous compounding. 4) Press [2nd] [QUIT] to return
