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Using Compound and Simple Interest to find Final value
Автор: Brian McLogan
Загружено: 2011-11-16
Просмотров: 2341
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Learn about compound interest. We will look at how to determine the final value, initial value, interest rate and years needed. We will investigate problems compounded continuously, daily, weekly, monthly, quarterly and yearly. These changes will impact our problems as well as the time we allow for the money to be compounded and the interest rate. We will explore e, where it comes from and how it is used in compounding interest continuously and simple interest.
#compoundinterest #exponentialfunctions
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