Reflection: Real World Applications Exponential Functions in Finance - Section 2: Workshop: Exponential Models in Finance

 
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  Exponential Functions in Finance
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Exponential Functions in Finance

Unit 2: Exponential Functions
Lesson 9 of 11

Objective: SWBAT calculate mortgage payments and the balance of an installment loan using exponential functions and geometric series.

Big Idea: The formulas for calculating loan payments look intimidating, but when we examine the structure, we see an exponential function set equal to a geometric series.

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