Download presentation

Presentation is loading. Please wait.

Published byDamon Bottom Modified over 3 years ago

1
Section 5.1 – Exponential Functions and Their Graphs

2
Warm – Up Compute each of the following on your graphing calculator. Round ALL answers to three decimal places.

3
Compound Interest (Periodically) A – Accumulated Money P – Principal (Initial Amount) r – Interest Rate (in decimal form) t – time (in years) n – Number of times compounded Compound Interest (Continuously) A – Accumulated Money P – Principal (Initial Amount) r – Interest Rate (in decimal form) t – time (in years)

4
Find the compound interest on $100 at 3% semiannually for 2 years Compound Interest (Periodically) A – Accumulated Money P – Principal (Initial Amount) r – Interest Rate (in decimal form) t – time (in years) n – Number of times compounded $100 0.03 2 2 Total Interest $106.13 - $100 $6.13

5
Compute the compound interest on $200 at 4% continuously for one year. Compound Interest (Continuously) A – Accumulated Money P – Principal (Initial Amount) r – Interest Rate (in decimal form) t – time (in years) $200 0.04 1 Total Interest $208.16 - $200 $8.16

6
Find the amount of money in an account if $1000 is compounded continuously for 15 years at a rate of 2 percent. Compound Interest (Continuously) A – Accumulated Money P – Principal (Initial Amount) r – Interest Rate (in decimal form) t – time (in years) $1000 0.02 15

7
Find the amount of money if $1000 is invested: a)Compounded continuously for 3 years at 2% b)Compounded quarterly for 3 years at 2% Note: Graphs are Next

Similar presentations

OK

Find the amount after 7 years if $100 is invested at an interest rate of 13% per year if it is a. compounded annually b. compounded quarterly.

Find the amount after 7 years if $100 is invested at an interest rate of 13% per year if it is a. compounded annually b. compounded quarterly.

© 2018 SlidePlayer.com Inc.

All rights reserved.

Ads by Google

Ppt on e waste management in india Ppt on email etiquettes presentation church Ppt on bluetooth technology downloads Ppt on cross site scripting xss Quest diagnostics appt on-line Ppt on centring diphthong Ppt on kingdom monera bacteria Ppt on pre ignition problems Ppt on 2d viewing pipeline Sense organs for kids ppt on batteries