Using continuous interest to find the final value of amount of money

Using continuous interest to find the final value of amount of money

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Interactive Video

Mathematics, Life Skills

11th Grade - University

Hard

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The video tutorial explains how to solve problems involving exponential functions, focusing on continuous compounding. It covers the identification and understanding of variables in the formula, such as principal, rate, and time. The tutorial demonstrates the application of the formula using the order of operations (PEMDAS) and discusses the importance of rounding in financial calculations. The instructor emphasizes common mistakes students make and provides guidance on using calculators effectively.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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