Type:

Interactive, Graphic Organizer/Worksheet

Description:

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.

Subjects:

  • Mathematics > General
  • Mathematics > Algebra

Education Levels:

  • Higher Education
  • Graduate
  • Undergraduate-Upper Division
  • Undergraduate-Lower Division

Keywords:

exponetial equations logarithms

Language:

English

Access Privileges:

Members

License Deed:

Creative Commons Attribution 3.0

Collections:

None
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member-name
Kath Belden
May 28, 2012

The interest rate needs to be the monthly interest rate, written as a decimal.

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