COMPOUND INTEREST - EULER'S EQUATION POSTER
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Euler's number is a key critical Mathematical constant like pi. It is also known as the exponential growth constant and the base for natural logarithms. In finance Euler's Number is used to determine Compound Interest, the TIME VALUE of MONEY. Albert Einstein is reputed to have said that Compound Interest was the most powerful force in the Universe. However, Euler's number is key when describing any decaying relationship, such as Carbon 14 Dating.
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