Use the properties of exponents to transform expressions for exponential functions.For example the expression 1.15^t can be rewritten as [1.15^(1/12)]^(12t) ≈ 1.012^(12t) to reveal the approximate equivalent monthly interest rate if the annual rate is 15%.*
CC.9-12.A.SSE.3c Use the properties of exponents to transform expressions for exponential functions. For example the expression 1.15^t can be rewritten as [1.15^(1/12)]^(12t) ≈ 1.012^(12t) to reveal the approximate equivalent monthly interest rate if the annual rate is 15%.*Are you ready for some Common Core Math quizzes in section 9-12.A.SSE.3c? Download our app to get started
Vote:
Section: