← Back to context Comment by polotics 9 years ago A very strange use for the word "interest" in there. Any reason why? 2 comments polotics Reply infinite8s 9 years ago People are often introduced to exponential growth through compounding interest (of a monetary investment). kalid 9 years ago Exactly. One model I like is e^x represents 100% interest, perfectly compounded for x units of time. a^b is really just e^[ln(a) * b]. Then you can think about "ln(a) * b" being the interest earned scaled by time.
infinite8s 9 years ago People are often introduced to exponential growth through compounding interest (of a monetary investment). kalid 9 years ago Exactly. One model I like is e^x represents 100% interest, perfectly compounded for x units of time. a^b is really just e^[ln(a) * b]. Then you can think about "ln(a) * b" being the interest earned scaled by time.
kalid 9 years ago Exactly. One model I like is e^x represents 100% interest, perfectly compounded for x units of time. a^b is really just e^[ln(a) * b]. Then you can think about "ln(a) * b" being the interest earned scaled by time.
People are often introduced to exponential growth through compounding interest (of a monetary investment).
Exactly. One model I like is e^x represents 100% interest, perfectly compounded for x units of time. a^b is really just e^[ln(a) * b]. Then you can think about "ln(a) * b" being the interest earned scaled by time.