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2.1601 Using Linear and Exponential Functions - Transportation

Last updated over 1 year ago

33 Nsɛmmisa

Akwankyerɛ

Use the spreadsheet at the beginning to calculate payments

Here is a spreadsheet to help you calculate payments. Make a COPY for yourself before you use it.

https://docs.google.com/spreadsheets/d/1FBkXFOpMwMqSlWKsUpeq5v67XPOSPn5kMTBShxCPTA4/edit?usp=sharing

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Do a screenshot of your spreadsheet. Create a pie chart that illustrates your yearly transportation expenses. I have included a sample screenshot. Yours should look like this except with YOUR name and numbers.

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23.

A

B

C

D

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linear

exponential

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2.

linear

exponential

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3.

linear

exponential

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4.

linear

exponential

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5.

linear

exponential

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Interest paid yearly.

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Total cost of loan over 5 years

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What is the monthly payment?

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Monthly payment?

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Total amount paid over 5 years

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Simple Interest

Compounding interest

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19.

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20.

Which term affects payment the most?

Interest Rate

Term Length

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Which term affects payment the most?

Interest Rate

Term Length

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Monthly Payment?

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Total amount paid over course of the loan

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Total Cost after sale of the car at end of 6 years

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Monthly Payment?

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Total amount paid over course of the loan

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Total Cost after sale of the car at end of 6 years. Round up to nearest dollar

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Monthly Payment?

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Total amount paid over course of the loan

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Total Cost after sale of the car at end of 6 years.

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33.

What is the best option?