Compounding Interest and Depreciation

After running through several long multi-step problems to determine the balance of a bank account earning interest over a period of several years, we learned how to use an exponential growth formula to help us solve the problems in a fraction of the time. Students learned how to use a specific button on their calculators (either ^ or y^x) to help them with both exponential growth and decay problems.

Tonight's Homework: Complete both sides of the yellow Exponential Growth and Decay WS. Be sure to include the key sequence or process you used when punching numbers into your calculator. Round your answers at the very end, and be sure to truncate, rather than round to the nearest.