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Calculating Interest
Can anyone tell me what this sign means in a formula ^ ??
I'm trying to calculate interest payable on a $191,790 loan, outstanding 620 days and interest rate of 6%? |
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#2
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Calculating Interest
^ is the symbol for exponentiation.
5^6 is 5 raised to the sixth power or 15625 -- Gary's Student "Jason30" wrote: Can anyone tell me what this sign means in a formula ^ ?? I'm trying to calculate interest payable on a $191,790 loan, outstanding 620 days and interest rate of 6%? |
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