Stop using e for compound interest

a year ago

Bank account with 100% yearly interest doubles the deposit after a year.
Compounding interest twice yearly increases the deposit by 50% every 6 months.
Daily compounding leads to an approximate increase of 2.718 times the deposit after a year.
Continuous compounding results in exactly e times the deposit after a year.
Compound interest is divided linearly despite exponential growth, causing confusion.
Banks must disclose interest rate, compound interval, and annual percentage yield separately.
The function e^x is its own derivative, with e^0 = 1.
The derivative of e^(kx) is ke^(kx).
e^(iπ) + 1 = 0 shows a connection between e and trigonometric functions.
e^(ix) is periodic with a period of 2π, linking e to trigonometry.

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