solvingforthenumberofcompoundingperiodn幻灯片.pptVIP

Chapter 9 Compound Interest: Further Topics and Applications;About Texas Instruments BA plus;Setting 2;Algebraic method:;Financial Calculator Method:;Noninteger value for n;Example 9.2 B Calculating and Interpreting a Noninteger n;Solution:; Rounded to the nearest month, it will take 14 years and 6 months for the city’s population to reach 100,000.;Example 9.2 E;Example 9.2;Solution:;Example:;Solution:;B, j=10% compounded annually i=10%;Rule of 72