Pre-Cal 40S April 23, 2009

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Overgrown Redwood Log and Wildflowers by flickr user David Sifry The Natural Logarithm ... (for real this time)

description

A quiz and review of Compound Interest formula; we didn't get to natural logarithms yet.

Transcript of Pre-Cal 40S April 23, 2009

Page 1: Pre-Cal 40S April 23, 2009

Overgrown Redwood Log and Wildflowers by flickr user David Sifry

The NaturalLogarithm ...(for real this time)

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A = AMOUNT of money at the end of the termP = PRINCIPLE amount, the amount originally invested or borrowedr = RATE of interest as a decimal numbern = NUMBER of times the principle is compounded per yeart = TIME in years

Time Principle Rate Interest Balance