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Proscheeding unshtedily to a limit . . .

Published online by Cambridge University Press:  01 August 2016

F. R. Watson
F. R. Watson*
Affiliation:
Department of Education, Keele University, Staffordshire ST5 5BG
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Extract

It is well known that as I was trying to illustrate this to some students by calculating and so on, using the ‘story’ about a sum of £1 invested at 100% interest. After one year this would yield £2 if interest is added annually, £2.25 if added (compounded) at each half-year, £2.37 if compounded every 4 months, and so on.

Type
Articles
Information
The Mathematical Gazette , Volume 82 , Issue 494 , July 1998 , pp. 189 - 194
Copyright
Copyright © The Mathematical Association 1998

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