This math topic focuses on solving exponential growth equations where the primary objective is to determine the initial value of a quantity from its given future value. This is done under various compounding scenarios including monthly, quarterly, and yearly growth, and involves different situations like savings account growth and credit card debt increase. The problems require manipulating the exponential growth formula, accommodating mis-matched time units, and interpreting formulae to solve for the starting value of different financial scenarios.
Work on practice problems directly here, or download the printable pdf worksheet to practice offline.
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