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  1. Dec 16th, 2010, 04:13 AM #1
    OT²O
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    Resolved Math.pow

    Can someone please explain Math.pow to me?
    I have this formula for compound interest and my question is, is year the only exponent even though 1 + rate, year are all in the ()?
    Also could you explain the formula to me? i just cant wrap my head around it. Why do you add 1 and why is it exponential?
    Code:
    amount=principal*Math.pow(1 + rate, year);
    Last edited by OT²O; Dec 16th, 2010 at 08:31 PM.
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