Thurs 2/4 Lesson 7 – 1 Learning Objective: To graph exponential functions & solve interest problems Hw: Pg. 439 #10-25 all.

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Thurs 2/4 Lesson 7 – 1 Learning Objective: To graph exponential functions & solve interest problems Hw: Pg. 439 #10-25 all

Algebra II

 To graph exponential functions  To identify growth vs. decay  To solve interest problems

exponential growth exponential decay

xy – 2 –

xy – 2 –

xy – 2 –

xy – 2 –

Fri 2/5 Lesson 7–1 & 7-2 Learning Objective: Solve interest problems Hw: Pg. 439 # 26 a-b, 27, 29, & Pg. 448 # 28-32

Algebra II

n = # of compounds per year  Annually/Yearlyn = 1  Semi-annually n = 2  Quarterly n = 4  Monthly n = 12  Weekly n = 52 Interest made = Compound Amt – Original Amt

Order of Operations!

Compare amount to Ex. #9!

Find the compound amount if $20,000 is deposited for 8 years in an account that pays interest at 5% compounded continuously