A.SSE.3.c
Use the properties of exponents to transform expressions for exponential functions. For example the expression 1.15t can be rewritten as (1.151/12)12t _ 1.01212t to reveal the approximate equivalent monthly interest rate if the annual rate is 15%.
| 1. | You can bank on it: Calculate simple interest | |
| 2. | Interesting figures: Calculate simple interest |