A bank features a savings account that has an annual percentage rate ofr = 5.4% with interest compounded daily. Noah děposits $10,000 into the account. nt where S is the future The account balance can be modeled by the exponential formula S(t) = P(1+ value, P is the present value, r is the annual percentage rate, n is the number of times each year that the interest is compounded, andt is the time in years. (A) What values should be used for P, r, and n? P = T = n = (B) How much money will Noah have in the account in 10 years? Answer = $ Round answer to the nearest penny. (C) What is the annual percentage yield (APY) for the savings account? (The APY is the actual or effective annual percentage rate which includes all compounding in the year). APY =

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Riemann Sum

Riemann Sums is a special type of approximation of the area under a curve by dividing it into multiple simple shapes like rectangles or trapezoids and is used in integrals when finite sums are involved. Figuring out the area of a curve is complex hence this method makes it simple. Usually, we take the help of different integration methods for this purpose. This is one of the major parts of integral calculus. 

Riemann Integral

Bernhard Riemann's integral was the first systematic description of the integral of a function on an interval in the branch of mathematics known as real analysis.