Algebra 1 7-7 Independent Practice: Exponential Growth and Decay

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by Matthew Richardson

| 9 Questions

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Reasoning: How can you simplify the compound interest formula when the interest is compounded annually? Explain.

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Error Analysis: A student deposits $500 into an account that earns 3.5% interest compounded quarterly. Describe and correct the student's error in calculating the account balance after 2 yr.

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Reflection: Math success

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