Adam Bede

    Financial Math Concepts

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    Inclusive counting

    • Casual (everyday thinking):
      • "1940 to 1950" usually means from the start of 1940 to the start of 1950, excluding the end of 1950 itself. Hence, casually, we say "ten years."
    • Formal (inclusive counting):
      • Explicitly counts both 1940 and 1950. It is careful, exact, and leaves no ambiguity. Hence, formally, we have "eleven years."

    Financial Rate function, exponents and

    • "Then, I take the 10th root of 2, spreading that doubling evenly across 10 years.”
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