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1) Use the internet to do some research on the number "e".Your goal is to be able to explain what e is, where it comes from, and why it is important.Discuss how you would explain the concept of "e" and a natural logarithm to a group of middle school students.What are some common uses of natural logarithms?

2) How would you explain to another student the difference between compound interest and continuous compound interest to a friend?

3) The formula for calculating the amount of money returned for deposit money into a bank account or CD (Certificate of Deposit) is given by the following:

a) Calculate the return (A) if the bank compounds annually (n = 1).

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Category:- Statistics and Probability
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