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\nCompound Interest & Depreciation (Let’s Buy a Car!)\n

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\nThis video lesson introduces applications of exponential growth and decay. I will explain and model how to use the compound interest formula. This formula will also be used to model a car loan. Lastly, I will demonstrate how to apply...\nThis video lesson introduces applications of exponential growth and decay. I will explain and model how to use the compound interest formula. This formula will also be used to model a car loan. Lastly, I will demonstrate how to apply exponential decay to determine the depreciation of a car.\n
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Resource Details

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Curator Rating
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Educator Rating
Not yet Rated
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Media Length
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16:38
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Grade
9th - 12th
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Subjects
Math
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Media Type
Instructional Videos
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Source:
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\nThe Magic Of Math\n\n
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Date
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2021
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Additional Materials

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Concepts

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compound interest, exponential growth, depreciation, simple interest, interest, cost, money
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Additional Tags

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common core math, algebra 1, real world exponential growth, real world exponential decay, calculate loan payment, compound interest formula, writing an exponential growth equation, writing an exponential decay function, evaluating an exponential growth function, evaluating an exponential decay function, how to calculate compound interest, sat, sat topic, sat prep, sat review, sat practice, decay functions, real world, initial amount, savings account, compounded monthly, earning interest, interest rate, loan amount, bank account, amount, account, rate, loan, bank, principal, decimal, base, formula, month, function, earned, year, today
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Classroom Considerations

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Best For: Explaining a topic
Best For: Reviewing
Video is ad-free
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Educator Ratings

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\n\" data-title=\"Get Full Access\" data-container=\"body\" rel=\"popover\" tabindex=\"0\" aria-label=\"Play video: Compound Interest & Depreciation (Let’s Buy a Car!)\" href=\"/subscription/new\">\"Compound\n\n
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