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Compound Interest
Compound Interest
Unit 8: Exponential Functions
Lesson 22 of 26
Lesson 22 of 26
Objective: Students will be able to use repeated calculations and a recursive method to find the value of a bank account with a certain annual interest rate compounded more than once per year. Students will begin to develop a formula to find the value of this account after a certain number of years.
Big Idea: Develop the compound interest formula using scaffolds and prior knowledge about how to create exponential functions from data tables.
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UNIT 8
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- UNIT 1: Linear and Nonlinear Functions
- UNIT 2: Piecewise Functions
- UNIT 3: Absolute Value Functions and More Piecewise Functions
- UNIT 4: Introduction to Quadratic Functions through Applications
- UNIT 5: More Abstract Work with Quadratic Functions
- UNIT 6: Rational Functions
- UNIT 7: Polynomial Functions
- UNIT 8: Exponential Functions
- UNIT 9: Ferris Wheels
- UNIT 10: Circles
- UNIT 11: Radical Functions
- UNIT 12: Cubic Functions
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LESSON 22
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- LESSON 1: Bunnies and Exponential Growth
- LESSON 2: More Bunnies and Exponential Growth
- LESSON 3: Candy Bars and Exponential Decay
- LESSON 4: Bunnies and Exponential Equations
- LESSON 5: Graphing Bunnies
- LESSON 6: Exponential Data Tables
- LESSON 7: Fitting Exponential Functions Given Two Points
- LESSON 8: Matching Exponential Graphs to Equations
- LESSON 9: Exponential Functions Review
- LESSON 10: Exponential Functions Portfolio and Summative Assessment
- LESSON 11: Exponential Functions and Approach Statements
- LESSON 12: Graphing Exponential Functions
- LESSON 13: Matching Graphs of Exponential Functions to their Equations
- LESSON 14: Exponential Function Designs
- LESSON 15: Graph Exponential Functions Review
- LESSON 16: Graph Exponential Functions Summative Assessment and Portfolio
- LESSON 17: Bouncy Ball Investigation
- LESSON 18: Percent Change: Growth and Decay
- LESSON 19: More Percent Changes and Exponential Functions
- LESSON 20: Writing Exponential Functions to Solve Problems
- LESSON 21: Different Time Intervals and Exponential Functions
- LESSON 22: Compound Interest
- LESSON 23: Compound Interest Formula
- LESSON 24: Continuously Compounded Interest
- LESSON 25: Applications of Exponential Functions Review
- LESSON 26: Applications of Exponential Functions Summative Assessment
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