Odd One Out? Investment 1 $100 Simple Interest Rate: 5% Investment 2

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Presentation transcript:

Representing Linear and Exponential Growth Projector Resources

Odd One Out? Investment 1 $100 Simple Interest Rate: 5% Investment 2 $400 Simple Interest Rate: 5% Investment 3 $200 Simple Interest Rate: 10%

Odd One Out? Investment 1 A = 500 × 1.064 Investment 2 A = 250 × 1.062

Double Your Money Investment 1 A = 500 × 1.06n Which two investments will take exactly the same time to double the money? Investment 2 A = 250 × 1.06n Investment 3 A = 500 × 1.03n

Double Your Money Investment 1 A = 500 + 20n Which two investments will take exactly the same time to double the money? Investment 2 A = 200 + 8n Investment 3 A = 200 + 20n