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Copyright ©2015 Pearson Education, Inc. All right reserved. Section 5.2 Compound Interest Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved. Press APPS button Place cursor at FV and press alpha/enter. Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved. $100 Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved. Example: Suppose that $5000 is invested at an annual interest rate of 3.1% compounded continuously for 4 years. Find the compound amount. Solution: In the formula for continuous compounding let and Then a calculator with an key shows that Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.

Copyright ©2015 Pearson Education, Inc. All right reserved.