Imaginary interest rates
Added 2020-05-01 16:39:12 +0000 UTCNext live lesson in ~2.5 hours.
Comments
Haha, good point. You'd have to be sure to get your timing right if it was not continuously compounded though :)
3blue1brown
2020-05-03 15:49:50 +0000 UTCExcellent point, Henri - and then cash out your loan after π years. =)
2020-05-02 00:01:32 +0000 UTCAmazing lecture, Grant! I have a hypothesis for why folks were so split on the initial prompt of "A bank offers you an interest rate..." : I initially interpreted the prompt as an interest rate on loan, not on a savings account. If the interest rate is i for a loan, I'd absolutely sign up for that, even if continuously computed! :)
Henri Taarisen
2020-05-01 22:58:17 +0000 UTC
