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Logarithmic Investment Calculation Comparison: Annual vs. Quarterly vs. Daily Compounding

Calculate the annual amount of a $100.00 investment after 10 years at 5% interest compounded annually, quarterly, and daily. Explore the impact of compounding frequency on investment growth. Also, discover a math joke related to logarithms and why mathematicians might make good drummers. Additional classwork exercises from "Devil and Daniel Webster" are included for further practice.

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Logarithmic Investment Calculation Comparison: Annual vs. Quarterly vs. Daily Compounding

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Presentation Transcript

  1. Unit 2 Logarithms

  2. Semi-annually: n = 2

  3. Example 1: Find the annual amount of a $100.00 investment after 10 years at 5% interest compounded annually, quarterly and daily.

  4. Why do mathematicians make good drummers? Because they have a natural loga-rhythm. Get it? Logarithm. Loga-rhythm. haha

  5. Classwork Devil and Daniel Webster THEN… P. 448 #22, 28, 31, 36, 37

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