Georgia standard · Mathematics

`AFA.FGR.3`Functions in Financial Contexts

Explore and apply functions to model and explain real-life phenomena and to solve complex problems in business and financial contexts.

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Expectations

AFA.FGR.3.1
Examine and identify the key characteristics of functions that model financial situations given the parameters of the context.
AFA.FGR.3.2
Solve financial problems given the parameters of the applicable context using a variety of functions.
AFA.FGR.3.3
Describe the meaning of functions and how to determine if a relation is a function or not.
AFA.FGR.3.4
Utilize function notation to represent a functional relation and to evaluate functions.
AFA.FGR.3.5
Create, apply, and interpret linear functions to model real-world financial problems.
AFA.FGR.3.6
Create, apply, and interpret exponential functions of the form y = $ab^x$ and classify them as exponential decay (when 0 < b < 1) or as exponential growth (when b > 1).
AFA.FGR.3.7
Create, apply, and interpret quadratic functions to model real-world financial applications.
AFA.FGR.3.8
Create, apply, and interpret the greatest integer function in real-world financial applications.
AFA.FGR.3.9
Create, apply, and interpret piecewise functions in real-world financial applications.
AFA.FGR.3.10
Recognize real-world situations where square root, cubic, or rational functions apply.
AFA.FGR.3.11
Create and use inequalities to define domains when creating algebraic expressions and functions.

No Georgia Milestones blueprint cites this standard.