The exam will cover sections 7.1-7.4, and part of 8.3.

To study, you should study class notes, examples from class, group work problems, and homework problems.

Here is a list of other good problems for study:

7.2: 3, 4, 12, 13, 14, 15, 16, 18, 19, 20, 26, 27

7.3: 21, 23, 26, 31, 34, 39, 40

7.4: 6, 7, 8, 11, 13, 14, 19, 20, 21, 22, 23, 24, 25, 26, 37, 40

8.3: Suggested problems from class were 2, 6, 7.

Here are two other sample problems:

a) You invest $1000 at 5% interest, compounded annualy. Write a formula for the balance after N years.

b) You invest $1000 at 5% interest, compounded monthly. Write a formula for the balance after N months.

c) You invest $10,000 at 8% interest, compounded quaterly. Write a formula for the balance after N years.

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