Description
We will learn about Euler's number and will see how it applies to the use of the exponential growth formula when interest is compounded continuously.
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Continuously Compounding Interest Notes & Key
Graham Earle's High School Math Content
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Highlights
Grades
10th - 12th
Subjects
Standards
CCSSHSF-LE.A.4
Tags
Pages
2
Answer Key
Included
Teaching Duration
45 minutes
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In Unit 5 we will explore the behaviors of exponential functions and recall the comparisons we made between exponential, quadratic, and linear functions in Algebra I. We will learn that when we take the inverse of an exponential function we have a new type of function called a logarithmic function,
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Description
We will learn about Euler's number and will see how it applies to the use of the exponential growth formula when interest is compounded continuously.
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Reported resources will be reviewed by our team. Report this resource to let us know if this resource violates TPT's content guidelines.
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Standards
to see state-specific standards (only available in the US).
CCSSHSF-LE.A.4
For exponential models, express as a logarithm the solution to 𝘢𝘣 to the 𝘤𝘵 power = 𝘥 where 𝘢, 𝘤, and 𝘥 are numbers and the base 𝘣 is 2, 10, or 𝘦; evaluate the logarithm using technology.
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