Math Problem Statement

Work Sheet -5- Compound and Continuous Interests.pdf

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Solution

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Math Problem Analysis

Mathematical Concepts

Compound Interest
Continuous Interest
Exponential Growth

Formulas

Compound Interest Formula: A = P(1 + r/m)^(mt)
Continuous Interest Formula: A = Pe^(rt)

Theorems

Exponential Growth Theorem

Suitable Grade Level

Grades 10-12