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Car Loans - Real World Exponential Equation

This activity has been modified from Real World Learning Objects, Internet-based Activities for Higher Education. The need to access an online calculator has been removed. Students are asked to price a car, determine an acceptable monthly payment and then using the formula calculate the number of months needed to pay off the loan. This requires solving an exponential equation using logarithms.
Identifier: 
http://www.curriki.org/xwiki/bin/view/Coll_Group_SanDiegoCommunityCollegesDevelopmentalMathExchange/ExponentialEquationsCarLoan?bc=;Coll_Group_SanDiegoCommunityCollegesDevelopmentalMathExchange.IntermediateAlgebra;Coll_Group_SanDiegoCommunityCollegesDevel
Rating: 
2.95
Average: 3 (305 votes)
Cataloger: 
Bohdan Rhodehamel
Publisher: 
Developmental Mathematics Collection
Rights: 
CC BY-NC-SA

Dummy View - NOT TO BE DELETED