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Emily Boyle
Emily Boyle
(Bear Creek - United States)

Real World Exponential Equation (Car Loan)

This activity has been modified from Real World Learning Objects, Internet-based Activities for Higher Education. The need to access an online calculator has been removed. Students are asked to price a car, determine an acceptable monthly payment and then using the formula calculate the number of months needed to pay off the loan. This requires solving an exponential equation using logarithms.

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