I can apply everyday compounding rates.
What I learnt from this group is what the difference between simple and compounding rates are and how to solve them. I also learnt how to calculate continuously compounding rates.
What I found challenging was the extended abstract task Debt Race, which confused me many times. I spent a long time trying to work it out but ended up finding out that all I had to do at the end was to just divide the account by the amount paid each year.
Another task I did:
Compare and Contrast Map
What I learnt from this group is what the difference between simple and compounding rates are and how to solve them. I also learnt how to calculate continuously compounding rates.
What I found challenging was the extended abstract task Debt Race, which confused me many times. I spent a long time trying to work it out but ended up finding out that all I had to do at the end was to just divide the account by the amount paid each year.
Another task I did:
Compare and Contrast Map
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