FNGR 1 | Lesson 1 | Explore (Linear vs Exponential)

1.   Consider the following problem, you will come back to it in Lesson 2.   You go to one bank who will give you 5% interest on your \$5000 for 5 years.  You go to another bank who will give you 5% interest compounded daily for 5 years.   Which one should you take and why?

What do you notice? What do you wonder?

2.  How are the two functions alike/different?

a) $$y=2x$$

b) $$y=2^x$$