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To give students an overview of the context, consider sharing a news clip or advertisement on the latest release of a popular cell phone, or asking students to share what they know about the latest models of some phones. Solicit ideas from students about how they think the value of a phone changes after it is released.
Students are likely to be familiar with the idea that phones decrease in value over time (especially as newer ones come along). Give an example of how a popular phone might have cost, for instance, \$400 when it was first available to the public, but the same type of phone (in new condition) might cost several hundred dollars less a couple of years later. Remind students of the meaning of the word depreciate or depreciation, which should be familiar from a previous lesson about the value of a car.
The value of some cell phones changes exponentially after initial release. Here are graphs showing the depreciation of two phones 1, 2, and 3 years after they were released.
Phone A
Phone B
Students may not see, especially for the second graph, that the relationship is exponential. Ask them by what factor the value of each phone decreases in the first year. What about in the second year? Ask them what these numbers tell them about the growth factor.
Invite students to share their responses. Focus the conversation on how they determined which phone loses value more quickly and how they wrote the equations.
Make sure students recognize that, to tell which phone depreciates more quickly, we need to identify a growth factor and cannot simply find the differences between consecutive values. Instead of subtracting, we should be dividing the value of one year by that of the previous year. Once the initial amount and the growth factor are identified, we can write an equation to predict the value of the phone later in time (assuming the mathematical model still applies. For example, when the technology is not considered obsolete or the phone doesn’t somehow become more valuable because of other extraneous reasons).
Arrange students in groups of 2, and distribute pre-cut cards. Allow students to familiarize themselves with the representations on the cards:
Attend to the language that students use to describe their categories and situations, giving them opportunities to describe their graphs more precisely. Highlight the use of terms like “growth,” “decay,” “increasing,” “decreasing,” “initial amount,” and “growth factor.” After a brief discussion, invite students to complete the remaining questions.
Your teacher will give you a set of cards containing descriptions of situations and graphs. Match each situation to a graph that represents it. Record your matches, and be prepared to explain your reasoning.
If students struggle to identify the correct graphs, ask them to look carefully at the scales. What do they notice? Once they see that the scales are the same, ask them how the graphs compare. Which one grows or decays faster? Then ask them which of the description cards represent growth and which represent decay. Which situation grows (or decays) faster?
Select students to share their strategies, starting with the cards that suggest a growth factor that is greater than 1 (Card 1 and Card 5) and then moving to cards that suggest a growth factor that is positive and less than 1 (Card 2 and Card 6). If not mentioned by students, discuss questions such as: