annual Interest rate - Calculation

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Ivan Mich
Ivan Mich 2020-12-1
回答： Ameer Hamza 2020-12-1
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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回答（1 个）

Ameer Hamza
Ameer Hamza 2020-12-1
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
https://www.investopedia.com/terms/a/apr.asp
https://www.investopedia.com/terms/c/compoundinterest.asp
In general, if the interest is allowed to grow without any external interference, it will follow an exponential growth curve.

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