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Car Loans - Real World Exponential Equation
Course Topic(s): Developmental Math | Exponentials | Logarithms
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.
Resource URL: http://www.curriki.org/xwiki/bin/view/Coll_Group_SanDiegoCommunityCollegesDevelopmentalMathExchange/ExponentialEquationsCarLoan?bc=;Coll_Group_SanDiegoCommunityCollegesDevelopmentalMathExchange.IntermediateAlgebra;Coll_Group_SanDiegoCommunityCollegesDevel
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This resource was cataloged by Bohdan RhodehamelPublisher:
Developmental Mathematics Collection
Resource copyright: CC BY-NC-SA
This review was published on December 10, 2011
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