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WARM UP 5 INTEREST You deposit $1100 in an account that pays 5% interest compounded yearly. Find the balance at the end of the given time period. (Exponential.

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Presentation on theme: "WARM UP 5 INTEREST You deposit $1100 in an account that pays 5% interest compounded yearly. Find the balance at the end of the given time period. (Exponential."— Presentation transcript:

1 WARM UP 5 INTEREST You deposit $1100 in an account that pays 5% interest compounded yearly. Find the balance at the end of the given time period. (Exponential Growth A = P(1 + r) t 1.1 year 2.10 years 3.15 years 4.25 years 5. DEPRECIATION A piece of equipment costs $120,000. Its value decreases at a rate of 10% per year. Write an exponential decay model (A = P(1 – r) t to represent the decreasing value of the piece of equipment.

2 WARM UP 4 INTEREST You deposit $1100 in an account that pays 5% interest compounded yearly. Find the balance at the end of the given time period. (Exponential Growth A = P(1 + r) t 1.1 year 2.10 years 3.15 years 4.25 years 5. DEPRECIATION A piece of equipment costs $120,000. Its value decreases at a rate of 10% per year. Write an exponential decay model (A = P(1 – r) t to represent the decreasing value of the piece of equipment.

3 WARM UP 3 INTEREST You deposit $1100 in an account that pays 5% interest compounded yearly. Find the balance at the end of the given time period. (Exponential Growth A = P(1 + r) t 1.1 year 2.10 years 3.15 years 4.25 years 5. DEPRECIATION A piece of equipment costs $120,000. Its value decreases at a rate of 10% per year. Write an exponential decay model (A = P(1 – r) t to represent the decreasing value of the piece of equipment.

4 WARM UP 2 INTEREST You deposit $1100 in an account that pays 5% interest compounded yearly. Find the balance at the end of the given time period. (Exponential Growth A = P(1 + r) t 1.1 year 2.10 years 3.15 years 4.25 years 5. DEPRECIATION A piece of equipment costs $120,000. Its value decreases at a rate of 10% per year. Write an exponential decay model (A = P(1 – r) t to represent the decreasing value of the piece of equipment.

5 WARM UP 1 INTEREST You deposit $1100 in an account that pays 5% interest compounded yearly. Find the balance at the end of the given time period. (Exponential Growth A = P(1 + r) t 1.1 year 2.10 years 3.15 years 4.25 years 5. DEPRECIATION A piece of equipment costs $120,000. Its value decreases at a rate of 10% per year. Write an exponential decay model (A = P(1 – r) t to represent the decreasing value of the piece of equipment.

6 WARM UP 0 INTEREST You deposit $1100 in an account that pays 5% interest compounded yearly. Find the balance at the end of the given time period. (Exponential Growth A = P(1 + r) t 1.1 year 2.10 years 3.15 years 4.25 years 5. DEPRECIATION A piece of equipment costs $120,000. Its value decreases at a rate of 10% per year. Write an exponential decay model (A = P(1 – r) t to represent the decreasing value of the piece of equipment.


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