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ACT
The context of this task is that a quarter was put into a bank account in 1901 and students are asked to calculate its value in 2013 at two different interest rates. Those amounts are compared to the appreciation rate of a rare and valuable 1901 quarter. In short, students are asked to model a bank account balance with an exponential function and then solve an exponential equation arising from the given information. Aligns with F-LE.A.2.
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CCSS:
Adaptable
Concepts
Additional Tags
annual interest, a valuable quarter, cc by-nc-sa 4.0, creative commons attribution-noncommercial-sharealike 4.0, f-le.a.2, illustrative mathematics, illustrative mathematics: f-le a valuable quarter, oh.math.hsf.le.2, construct exponential function given a description of a relationship, exponential equation
Classroom Considerations
- Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
- The intended use for this resource is Instructional|practice