Earn some knowledge about mathematical models for financial situations. The fourth of five parts in the Algebra II - Exponential Functions unit focuses on modeling real-world scenarios with exponential functions. Young mathematicians learn how to represent the value of accounts with periodic compound interest payments as well as with continuous interest.

Concepts

exponential functions, math modeling, compound interest, interest rates, properties of exponents

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Instructional Ideas

• Use the resource with learners struggling with the concept
  

Classroom Considerations

• Scholars must be familiar with the properties of exponents
• An understanding of exponential functions from the previous videos is necessary
  

• This video is hosted on YouTube

Pros

• Includes worksheet with practice problems
• Provides a separate file with an answer key for facilitators
  

Cons

• None

Common Core

HSF-LE.B.5