Lecture

Approximation and Compound Interest

Graph Chat

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.

Description

This lecture covers the evaluation process, including multiple-choice questions and problem-solving with authorized material. It also delves into the concept of raising numbers to a power, the game of chess, and the notation for powers. Additionally, it explores the calculation of powers with rational and irrational exponents, Newton's binomial series theorem, and compound interest calculations over time.

This video is available exclusively on Mediaspace for a restricted audience. Please log in to MediaSpace to access it if you have the necessary permissions.

Watch on Mediaspace

Official source

Related concepts (32)

Exponentiation

In mathematics, exponentiation is an operation involving two numbers, the base and the exponent or power. Exponentiation is written as bn, where b is the base and n is the power; this is pronounced as "b (raised) to the (power of) n". When n is a positive integer, exponentiation corresponds to repeated multiplication of the base: that is, bn is the product of multiplying n bases: The exponent is usually shown as a superscript to the right of the base.

Binomial theorem

In elementary algebra, the binomial theorem (or binomial expansion) describes the algebraic expansion of powers of a binomial. According to the theorem, it is possible to expand the polynomial (x + y)n into a sum involving terms of the form axbyc, where the exponents b and c are nonnegative integers with b + c = n, and the coefficient a of each term is a specific positive integer depending on n and b. For example, for n = 4, The coefficient a in the term of axbyc is known as the binomial coefficient or (the two have the same value).

Chess

Chess is a board game for two players, called White and Black, each controlling an army of chess pieces in their color, with the objective to checkmate the opponent's king. It is sometimes called international chess or Western chess to distinguish it from related games, such as xiangqi (Chinese chess) and shogi (Japanese chess). The recorded history of chess goes back at least to the emergence of a similar game, chaturanga, in seventh century India.

Algebraic expression

In mathematics, an algebraic expression is an expression built up from constant algebraic numbers, variables, and the algebraic operations (addition, subtraction, multiplication, division and exponentiation by an exponent that is a rational number). For example, 3x2 − 2xy + c is an algebraic expression. Since taking the square root is the same as raising to the power 1/2, the following is also an algebraic expression: An algebraic equation is an equation involving only algebraic expressions.

Irrational number

In mathematics, the irrational numbers (from in- prefix assimilated to ir- (negative prefix, privative) + rational) are all the real numbers that are not rational numbers. That is, irrational numbers cannot be expressed as the ratio of two integers. When the ratio of lengths of two line segments is an irrational number, the line segments are also described as being incommensurable, meaning that they share no "measure" in common, that is, there is no length ("the measure"), no matter how short, that could be used to express the lengths of both of the two given segments as integer multiples of itself.

Related lectures (64)

Chess Positions

Explores different chess positions and historical battle tactics, ending with a musical performance.

Alpha Go: Machine Learning and Game Strategies

Explores the historical perspective and development of the AlphaGo algorithm, focusing on machine learning and game strategies.

Positions in Chess: Understanding Strategies

Explores different chess positions and strategic gameplay, accompanied by musical interpretations of library books.

Power Series Computations

Covers power series, generating functions, and operations like addition, multiplication, differentiation, and integration, with examples and the generalized binomial theorem.

Derivatives and Trigonometry Fundamentals MOOC: Warm-up for EPFL