What is the most significant mathematical equation ever developed?
We here at Political Calculations started wondering about this question while researching potential tools to develop. Here are our candidates for the title:
1. This simple formula is often the first one that children are taught, making it the foundation for all math that comes later!
2. Math formulas are meaningless unless they have beneficial real world applications. The key to attaining financial independence is contained in the formula above!
3. If you ask anyone on the street to name a mathematical equation, odds are that Einstein's E=mc2 is the one they'll give you! Einstein's equation tells you exactly how much energy (E) is contained within a given amount of mass (M) - linking it to the universal constant of the speed of light (C) as a bonus!
4. Euler's equation above is both unique and mystical in that it expresses nine different mathematical concepts in a very nice, simple package: addition, equality, logarithms, exponents, negative numbers, square roots, imaginary numbers, pi, and multiplication! Plus, in the words of one individual: "What could be more mystical than an imaginary number interacting with real numbers to produce nothing!"
5. It's one thing to have money to save or invest. It's another thing to make it grow over time. The simple formula above might be use to determine the future value of your savings or investment given it's starting value (P), the annualized rate of return (r), the number of compounding periods per year (m) and time in years (t). We've already developed a more sophisticated tool to do this math, but this formula is at the heart of it!
And those are our Top 5!
Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:
ironman at politicalcalculations
Thanks in advance!
Closing values for previous trading day.
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