Exponential Growth Models

Today we talked about how we can use our math in real world situations. Many students reported having money in savings accounts which earn interest. Using the exponential growth model, students can determine the value of their savings accounts over a period of time, provided they know the rate of interest, the time of the investment, and the original amount placed in the bank. Another use for the exponential growth model is to calculate the size of a population that is growing over time. See Lesson 8.5 for the equation that represents the exponential growth model.

Tonight's Homework: Blue worksheet on exponents and Lesson 8.5 ( 6 - 20 all ).