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6-2 Part 2 Solving - Exponential - Equations - and - Inequalities

The document covers solving exponential equations and inequalities, providing examples and critical questions for practice. It explains the difference between simple and compound interest, including formulas and examples for calculating both types of interest. Additionally, it includes specific problems related to simple and compound interest calculations with solutions.

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10 views23 pages

6-2 Part 2 Solving - Exponential - Equations - and - Inequalities

The document covers solving exponential equations and inequalities, providing examples and critical questions for practice. It explains the difference between simple and compound interest, including formulas and examples for calculating both types of interest. Additionally, it includes specific problems related to simple and compound interest calculations with solutions.

Uploaded by

innovationacademy.me
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Y PERI

6-2 Solving Exponential


Equations &
nequalities- Part 2
DIFFERENTIATED WARM UP

Examples…Solve and verify your


answer
1. 32x = 81 2. 2x = 83

3. 92x-1 = 36x 4. 42n-1 =


64

5. (½)x = 42 – x 6. 3y + 2 =
1/27

2
CRITICAL
QUESTIONS

7. 32x-1 > 1/243 8. 2x+2 > 1/32

3
Concept
Simple Interest vs. Compound
Interest:
Interest is the cost of borrowing money,
where the borrower pays a fee to the lender
for the loan. The interest, typically
expressed as a percentage, can be either
simple or compounded. Simple interest is
based on the principal amount of a loan or
deposit. In contrast, compound interest is
based on the principal amount and the
interest that accumulates on it in every
period. Simple interest is calculated only on
the principal amount of a loan or deposit, so
it is easier to determine than compound
KEY TAKEAWAYS
•Interest is the cost of borrowing money, where
the borrower pays a fee to the lender for the
loan.
•Generally, simple interest paid or received over
a certain period is a fixed percentage of the
principal amount that was borrowed or lent.
•Compound interest accrues and is added to the
accumulated interest of previous periods, so
borrowers must pay interest on interest as well
as principal.
Simple Interest
Simple interest is calculated using the following
formula:
​Simple Interest=P×r×n or PRT/100
where:P=Principal amount
r=Annual interest rate
n=Term of loan, in years​
Q.1: Amita borrowed Rs 50,000 for 3 years at a rate of 3.5% per
annum. Find the simple interest.
Solution:Given,
P = Rs 50,000
R = 3.5%
T = 3 years
SI = (P × R ×T) / 100
SI = (50,000× 3.5 ×3) / 100 = Rs 5250
Q.2: The count of a population of men was found to increase at the
rate of 2% per hour. Find the count at the end of 2 hours if the
initial count was 600000.
Solution: Since the population of men increases at the rate of 2%
per hour, we use the formula
A = P(1 + R/100)n
Thus, the population at the end of 2 hours = 600000(1 + 2/100) 2
= 600000(1 + 0.02)2
= 600000(1.02)2
= 624240
Use the equation
P = 2500
r = 4.2% or 0.042
n = 12 (compounded monthly)
t = 15
Compound Interest
Example 3
An investment account pays 5.4% annual interest
compounded quarterly. If $4000 is placed in this
account, find the balance after 8 years.
Understand
Find the balance of the account after 8 years.
Plan
Use the compound interest formula.
P = 4000, r = 0.054, n = 4, and t = 8
Compound Interest
Example 3
Solve
Compound Interest Formula

P = 4000, r = 0.054,
n = 4, and t = 8

Use a calculator.

Answer: The balance in the account after 8 years


will be $6143.56.
Compound Interest
Example 3
Check
Graph the corresponding equation y = 4000(1.0135)4t.
Use the CALC: value to find y when x = 8.

The y-value 6143.6 is very close to 6143.56, so the


answer is reasonable.
Example 3
An investment account pays 4.6% annual interest
compounded quarterly. If $6050 is placed in this
account, find the balance after 6 years.

A. $6810.53

B. $7420.65

C. $7960.43

D. $8134.22
Text bk pg.
386
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CHALLENGING QUESTION

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CHALLENGING QUESTION

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