Unit+5

=Unit 5 The Definite Integral= =The Definite Integral=

Chapter Overview
The 1995 Reader's Digest Sweepstakes' grand prize winner is being paid a total of $5,010,000 over 30 years. If invested, the winnings plus the interest earned generated an amount defined by ( r interest rate, P size of payment, T term in years, m number of payments per year): A = ert mPe−rtdt Would the prize have a different value if it were paid in 15 annual installments of $334,000 instead of 30 annual installments of $167,000? Section 5.4 can help you compare the total amounts.

5.1 Estimating with Finite Sums LRAM, RRAM, MRAM
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