We learned about the difference in compounding interest annually (like we did in 7.1) versus continuously. We showed how to use the Pe^(rt) formula for continuously compounded interest. We set up 5 - 7 problems together that used the Pe^(rt) formula. We worked through a couple of examples together and showed how to use the e^x button on the calculator.
Use the link for additional review/practice
https://www.youtube.com/watch?v=vyJM1n0AvZI
https://www.youtube.com/watch?v=auVH-tAxYgI
HW: Complete 14 - 25 in today's WS 7.2 packet.