A binomial precision method for compound interest
This document presents a simple method to calculate compound interest using binomial expansion. Unlike the standard formula, this approach lets you choose how accurate you want the answer to be by controlling the number of terms used. It also gives a clean, easy rule for deciding when to stop — so you don’t over calculate or guess.
Authors
- Farhan Faras
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2026-09-12
- DOI
- https://doi.org/10.5281/zenodo.22714374
- Primary Topic
- Advanced Mathematical Identities
- Type
- preprint