Linear and Exponential Models
http://www.youtube.com/watch?v=CxEFOozrMSE (This will help you better understand if you are struggling!!)
Word Problem:
If you were given the chance to win a life time lottery jackpot and they gave you two jackpots to choose from which would you choose and why??
Jackpot 1:
You could win 500 dollars a day for your life time.
Jackpot 2:
You could get .50cent a day and doubling all the money you have at the end of the year.
So you are comparing
A) 500(365)= 182,500
B) .50(365) x 2= 365
Which would you choose A or B??
You would choose A. Because you make more money!!!!! Duhhhh :)
Word Problem:
If you were given the chance to win a life time lottery jackpot and they gave you two jackpots to choose from which would you choose and why??
Jackpot 1:
You could win 500 dollars a day for your life time.
Jackpot 2:
You could get .50cent a day and doubling all the money you have at the end of the year.
So you are comparing
A) 500(365)= 182,500
B) .50(365) x 2= 365
Which would you choose A or B??
You would choose A. Because you make more money!!!!! Duhhhh :)