Day 65
In Business Math, we derived the formula for converting an investment’s interest rate to what the rate would be if the investment were compounding annually (known as the “effective rate of interest”.) When the math professor was finished, he had covered two blackboards with algebra involving a lot of brackets, exponents and natural logs. As we sat in stunned silence, he then showed us how we could get the same answer on our business calculators with three simple entries. Hearts restarted and we all began to breathe again.
In Intro to Brewing, we listened to two more “dream brewery” presentations. Like the presentations last week, both were again set in Ontario–one in Toronto, the other in Kingston. Well, at least Kingston is more than a 3-hour drive from the college.
The next couple of hours were then spent learning about more filtration equipment. Necessary knowledge, but <yawn!> a bit dry. Which means it must be time to wet my whistle for the weekend.
Tags: brewmaster, business math, filtration, Intro to Brewing, Niagara College
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