Copy of compound interest

[list] [*]Balance for compound interest is a step-function, graph is sequence of horizontal segments. [*]Explore the effect of changing number of compoundings per year [*]Visual hint that very-very frequent compounding yields a graph which resembles a continuous curve. [/list]

 

Gaurav Kumar

 
Resource Type
Activity
Tags
Target Group (Age)
14 – 19+
Language
English
 
 
 
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