College Loans: Compound Interest is a mini-project that uses compound interest to calculate the long-term cost of loans for college. In this student-tested and approved project, students select a combination of different loans to provide sufficient funds for college. Students compare the different loan types (all from the real-world) and problem solve the best combination. This project can be used with compound interest using or not using exponential equations.
This project works well after Compound Interest: Inquiry, Notes and Practice or Compound Interest: Exponential Function Notes and Practice
A great addition to your Algebra or Algebra 2 review and practice and for differentiation. Intermix with other exponential function activities for a deeper understanding.
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