Engineering Economy: Compound Interest and Continuous Compounding

Contents:
0:00 Introduction to Compound Interest
2:20 Nominal Rate of Interest
3:15 Sample Problem #1: Promissory Note
5:01 Sample Problem #2: Thrice Investment with Calculator Technique
7:57 Sample Problem #3: Comparison of Nominal Rate with Calculator Technique
10:59 Sample Problem #4: Extended Payment
13:59 Sample Problem #5: Different Timeline
16:55 Recap of Compound Interest
17:56 Introduction to Continuous Compounding
19:07 Sample Problem #1: Future Value
19:44 Sample Problem #2: Comparison of Deposits

References:
•Engineering Economy 3rd Edition by Hipolito Sta. Maria.
•Park, Chan S. Fundamentals of Engineering Economics. Fourth edition. Pearson Education Limited, 2020.
•Sullivan, William G., et al. Engineering Economy. Seventeenth edition. Pearson Education Limited, 2020.