Name 1 APPLICATION Investment Growth and Exponential

Last updated: 5/12/2023

Name 1 APPLICATION Investment Growth and Exponential Equations UNIT INTA You are given 10 000 that will triple every year for the next 5 years Write an equation that a represents this situation where y represents the value of the investment after 5 years Level 1 2 Your equation has three numbers starting value growth factor and the exponent You are allowed to double one of these numbers Which one do you think will result in the highest outcome Explain your reasoning b Double the growth factor 3 Let s find out which one gives the highest outcome a Double the starting value c Double the exponent 4 Which double resulted in the highest return on your investment 5 Think about the change that resulted in the highest return on your investment What does that represent in the real world context of the original situation After performing this activity if you had to give advice to someone making an investment that results in exponential growth what would you tell them