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14-08-2017
Mathematics

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An equation for an exponential decay function that does not use base e

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14-08-2017

[tex]A=P(1-\frac{r}{n})^{nt}[/tex]

A=future amount
P=starting amount
r=rate of decay in decimal
t=time in years
n=number of time in years that the decay is calculated (like if annually then n=1, if quarterly, then n=4 and so on)

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