Examlex
The table below contains numerical data for a definite integral approximated by the left-hand, midpoint, trapezoid, and Simpson's rule methods.Which method was used in the fourth column?
Annual Rate of Increase
The percentage by which a specific variable, such as salary or investment, grows each year.
Annual Compounding
Determining annual interest by taking into account both the initial amount invested and the interest it has generated in the past.
Compounded Monthly
The calculation of interest using the principal sum along with its accrued interest, with this process happening every month.
Investment
Disbursing funds or other assets with the aim of earning returns or profits.
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