Unit 2 (Quadratics 1) Outline

Describe how you would calculate the amount of an investment after 3 years if $1000 was invested at 5% compounded annually. Answer: You could use the simple interest formula for one year, and add the amount of interest to the principle to obtain a new principle. Repeat this for 3 years. Interest rate / # of times compounded per year # of times comp. per year x # of years. Action! Whole Class ... ................
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