The Equation that Exposes Subscriptions
In this video, we explore how calculus can be applied to business to help us determine the true cost of subscription services over a lifetime. With inflation data, an exponential decay curve, and some calculus, we can estimate the future value of subscription costs. Learn about exponential decay and its relevance to subscription services, followed by a detailed explanation of how calculus can be used to find the lifetime cost of a subscription service. We also demonstrate how to use average monthly inflation data as the rate of decay in the integral, which provides an adequate estimation of the future value of subscription costs. Stay tuned to learn the true cost of popular subscription services such as Netflix, Spotify, and Amazon Prime. You may be spending more than you think!. Thank you to: Mind Your Decision, Syber Math, and Zach Star. For years theyβve been making math interesting and inspired me to bring you the math behind interesting problems! π Intro Music: βββββββββββββββββββββββββββββββββββββββββββββ Song: 'A New Year' by Scott Buckley Released under CC-BY 4.0. www.scottbuckley.com.au #maths #calculus #money
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