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Coordinate Algebra Day 80 Learning Target: Students can we use real-world situations to construct and compare linear and exponential models and solve problems.

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Presentation on theme: "Coordinate Algebra Day 80 Learning Target: Students can we use real-world situations to construct and compare linear and exponential models and solve problems."— Presentation transcript:

1 Coordinate Algebra Day 80 Learning Target: Students can we use real-world situations to construct and compare linear and exponential models and solve problems.

2 y = balance P = initial t = time in years r = % of increase 1+r = growth factor y = balance P = initial t = time in years r = % of increase 1+r = growth factor y = balance P = initial t = time in years r = % of decrease 1- r = decay factor y = balance P = initial t = time in years r = % of decrease 1- r = decay factor

3 In 2000, the cost of tuition at a state university was $4300. During the next 8 years, the tuition rose 4% each year. A)Write a model the gives the tuition y (in dollars) t years after 2000. B)What is the growth factor? C)How much would it cost to attend college in 2010? In 2015? D)How long it will take for tuition to reach $9000?

4 A 2010 Honda Accord depreciates at a rate of 11% per year. The car was bought for $25000. A)Write a model the gives the value of the car y (in dollars) t years after 2001. B)What is the decay factor? C)How much is the car worth now? In 2015? D)How long will it take for my car to be worth half?

5 Extension A)What “r” value would be used if the principal is being doubled every year? A)What about if it is tripled ever year?

6 Suppose you start work at $600 a week. After a year, you are given two choices for getting a raise: a)2% a year b)a flat $15 a week raise for each successive year. Which option is better?

7 Which function has the greatest rate of change? Option A An investment of $1,000 earns interest at a rate of 3.75%, compounded monthly. Option B

8 Practice Worksheet

9


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