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Arrange students in groups of 2, and provide access to scientific calculators.
If time is limited, consider asking students to complete the first question together with their partner, divide up the work on the last two questions, and then discuss their responses.
Students may miss that the problem specifies that the
Focus the discussion on how students found the percent increase per decade and per century. Ask students:
Explain that in situations characterized by exponential change by a percentage, people sometimes refer to the percent change as a growth rate. (In previous lessons, this idea was called interest rate in the specific context of interest on savings or debt, but growth rate is a more general term.)
Make sure that students understand how growth rate is related to growth factor. For example, in the equation
To connect the key ideas in this lesson and the past few lessons, discuss questions such as:
Arrange students in groups of 2. Ask students to take turns: The first partner identifies a match and explains why they think it is a match, while the other listens and works to understand. Then they switch roles.
Here are three expressions and three descriptions. In each case, $1,000 has been put in an interest-bearing bank account. No withdrawals or other deposits (aside from the earned interest) are made for 6 years.
Sort the expressions and descriptions that represent the same amounts of interest into groups. One group contains more than two expressions. One of the descriptions does not have a match. Write an expression that matches it.
Some students may need a reminder that semi-annually means twice per year, or every 6 months.
Students may not understand the denominator of the fraction included in the expressions. Help them to see that the 7% interest for the year is split into smaller percentages calculated more than once per year.
Select previously identified students to share how they made their matches. For each expression, prompt them to discuss the meaning of each part. For example, for