annual Interest rate - Calculation
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How can I calculate the final amount taking into account an annual interest rate (eg for a loan)?
I mean what is the mathematic type that I can calculate the final ammount after annual rate?
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Ameer Hamza
le 1 Déc 2020
This is not really a MATLAB question. You can get more information about this on some forums related to economics and finance. For example, check the following links
In general, if the interest is allowed to grow without any external interference, it will follow an exponential growth curve.
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