Exponential Functions Mini Project - When Will I Ever Use This?
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Description
"When will I ever use this?" The famous question asked by every Algebra student. Give your students a REAL application of exponential functions with this mini project.
When textbook application problems aren't cutting it to spark your students' interest these "When Will I Ever Use This" mini projects will give them the real life application they are craving to know. From doctors, to accountants, to business owners, and beyond, algebra is used everyday by a variety of professionals.
Professional: Accountant
Task: Students will become accountants, learning how compound interest can affect the future value of an investment. They will be given several scenarios to analyze, in order to pick the best retirement account for their client.
Algebra Skills:
- Substituting values into a compound interest formula.
- Solving exponential equations (no logs)
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In this Exponential Functions mini project, students will become accountants, learning how compound interest can affect the future value of an investment. They will be given several scenarios to analyze and pick the best account for their client. Students will get to learn an important and useful application of exponential functions!
This mini project is perfect to use as a unit-ending activity for exponential functions for Algebra 1 or Algebra 2.