Why do business calculators have log/exp but not basic trig functions?
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02-19-2018, 10:42 PM
(This post was last modified: 02-19-2018 10:46 PM by pier4r.)
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RE: Why do business calculators have log/exp but not basic trig functions?
(02-19-2018 10:36 PM)TheKaneB Wrote: logs and antilogs are used in the TVM equation: ref. http://www.voidware.com/tvm.htm I always forget that normally y^x is done with e^(x*log(y)) therefore if they have powers they also have log/exp. @Dave: wouldn't it be powers (and the basic 4 functions)? Only at the limit of periods (infinite) or the rate (infinitesimal) you have the exponential function. Anyway - in practice - who is going to pay for infinite time or continuous rates? Wikis are great, Contribute :) |
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