Algebra 1 · F-LE
Exponential Growth and Decay Models
This curve shows exponential change.
Algebra 1Common Core HSF-LE.A.2F-LEVerified correct ✓
Worked examples
An investment of $10000 earns 3% annual compound interest. How many dollars after 8 years?
Answer: 12670
An investment of $500 earns 20% annual compound interest. How many dollars after 3 years?
Answer: 864
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