By Manage your money better with financial math formulas. Learn how to calculate simple interest, compound interest, and profit margins.
Feature Image:
Math for Wealth Management
Financial math is the most practical form of mathematics for everyday life. It helps you understand loans, savings, and business profits.
1. Interest Formulas
-
Simple Interest:
-
Compound Interest:
-
Where
is principal,
is rate,
is time, and
is compounding frequency.
-
2. Business Math
-
Profit Percentage:
-
Discount:
