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Size: 139 KB

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Categories:

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Subjects:

  1. Calculus
  2. Compound Interest
  3. Iteration and recursion
  4. Exponential growth
  5. Sequences and series

Title: Compound Interest

Book Description: In this lab we explore questions related to the calculation of interest. We have two goals for this lab: (1) to learn the use of recursive definitions for defining exponential functions; and (2) to explore a particular type of limiting behavior that leads to the definition if the Euler number: e.

Authors: James White and Samad Mortabit

Contained in Calculus Course.

Suggested Use: Instructions are under the (?) button. The first page of this lab is a Report page and contains the lab assignment with space for students to fill in answers. This has been saved as Notes for that page. To open the report, return to the first page by pressing the Black Rectangle, then select Customize, Notes for this page. To close the notes before leaving the first page, select: Customize, Close Notes.

Topics: recursion, sequences, exponential function,compound interest

Number of Pages: 3

Animation: No

Grade Level:

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