Develop Compound Interest Formula Scaffold 2.docx - Section 2: Investigation and New Learning

 
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Compound Interest Formula

Unit 8: Exponential Functions
Lesson 23 of 26

Objective: Students will be able to develop a formula to calculate compound interest. Students will be able to explain how they know this formula is exponential and how to find each part of the formula using the given information.

Big Idea: Make sense of each part of the compound interest formula.

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