Financial literacy skills and exponential models are connected by the compound interest formula in this task centered on inflation calculations. Collaborative learners get experience collecting data from the given websites and exploring various aspects of exponential models.

 

Concepts

exponential growth, exponential functions

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Additional Tags

exponential growth, compound interest formula, solving exponential equations, math

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Pros

• Includes very detailed description of the solution
• Helpful commentary for the teacher
• Financial literacy skills motivate the math learning and prepare learners for organizing their personal finance knowledge

Cons

• None

Common Core

HSF-LE.A.1.a HSF-LE.A.2 HSF-LE.A.3 HSF-LE.A.4 HSF-LE.B.5 MP2 MP4