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5.08 Compound interest

Lesson
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Outcomes

MA.912.AR.1.1

Identify and interpret parts of an equation or expression that represent a quantity in terms of a mathematical or real-world context, including viewing one or more of its parts as a single entity.

MA.912.AR.1.2

Rearrange equations or formulas to isolate a quantity of interest.

MA.912.AR.5.4

Write an exponential function to represent a relationship between two quantities from a graph, a written description or a table of values within a mathematical or real-world context.

MA.912.FL.3.2

Solve real-world problems involving simple, compound and continuously compounded interest.

MA.912.FL.3.4

Explain the relationship between simple interest and linear growth. Explain the relationship between compound interest and exponential growth and the relationship between continuously compounded interest and exponential growth.

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