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

Feb 28, 2025

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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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Unit 2 Logarithms
Semi-annually: n = 2
Example 1: Find the annual amount of a $100.00 investment after 10 years at 5% interest compounded annually, quarterly and daily.
Why do mathematicians make good drummers? Because they have a natural loga-rhythm. Get it? Logarithm. Loga-rhythm. haha
Classwork Devil and Daniel Webster THEN… P. 448 #22, 28, 31, 36, 37