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arxiv: 1510.00330 · v1 · pith:JVMACPLHnew · submitted 2015-09-17 · 🧮 math.HO

The oldest example of compound interest in Sumer: Seventh power of four-thirds

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keywords compoundfour-thirdsinterestpowerseventhsumerbackcalculated
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In the present paper I shall clarify that the origin of compound interest goes back 4400 years to Sumer by showing the Sumerian scribe of Enmetena Foundation Cone calculated seventh power of four-thirds.

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