1. Exponential Word Problems
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Objective: Students will be able to use compound interest to solve problems.
CCSS: A-CED.2 Exponential functions
Essential Question: How much will your dream car be worth in five years with continuous compounded interest?
Compound Interest nt n
A = the accumulated amount after t number of years
P = Principle (Original Amount)
r = Nominal interest rate per year
n = Number of periods/year
t = Number of years

2. Objective: Students will be able to understand exponential functions and how they are used.
CCSS: A-CED.2 Exponential functions
Essential Question: How much will your dream car be worth in five years with continuous compounded interest?
Ex 1. Find the accumulated amount of money after 5 years if $4300 is invested at 6% per year compounded quarterly.
Find the growth rate.

3. Ex 2. How many years would it take for a $4300 investment at 6% per year compounded quarterly to reach $6924.

4. Continuous Compound Interest
Objective: Students will be able to understand exponential functions and how they are used.
CCSS: A-CED.2 Exponential functions
Essential Question: How much will your dream car be worth in five years with continuous compounded interest?
Continuous Compound Interest
A = the accumulated amount after t years
P = Principle (Original Amount)
r = Nominal interest rate per year
t = Number of years

5. Objective: Students will be able to understand exponential functions and how they are used.
CCSS: A-CED.2 Exponential functions
Essential Question: How much will your dream car be worth in five years with continuous compounded interest?
Ex 2. Find the accumulated amount of money after 25 years if $7500 is invested at 12% per year compounded continuously.