What would you do?
Option 1
You can have $1,000,000
Yeah, that's right a million bucks!!!
Option 2
You can have 1 penny doubled every year for 30 days
Come on, just give me a million dollars!
I've always been kind of partial to pennies!
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Further Reading:
- Worksheet Exponential Growth (including problems from this page)
- Exponential Decay functions
- Real world models for exponential growth
- images
- Exponential Growth Activity
- Exponential Growth Applet
- Exponential Growth Interactive Polls (Can you guess the right answer?)