Use of ^ symbol in a formula
I can balance my checkbook and I have a background in chemistry!
Biff
"Dave F" wrote in message
...
Ouch.
--
Brevity is the soul of wit.
"Harlan Grove" wrote:
Gary''s Student wrote...
You are raising (1+AJ17) to the fourth power. It is little seen outside
of
thermodynamics or physical chemistry.
Given an effective periodic interest rate i, if you deposit an amount P
at time 0, at time 4 the accumulated value will be P*(1+i)^4.
Little seen outside of thermodynamics or physical chemistry?! Perhaps
so for those who don't know anything about finance.
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