--- title: "AFA.FGR.3: Functions in Financial Contexts (Georgia Mathematics standard)" code: AFA.FGR.3 cite_as: Georgia Standards of Excellence, Mathematics, AFA.FGR.3 subject: math grades: - high-school language: en canonical_url: https://georgiahomeroom.org/standards/code/AFA.FGR.3 md_url: https://georgiahomeroom.org/standards/code/AFA.FGR.3.md alternate_language_url: https://georgiahomeroom.org/es/standards/code/AFA.FGR.3.md source_url: https://case.georgiastandards.org/ims/case/v1p1/CFDocuments/e9dd7229-3558-4df2-85c6-57b8938f6180 source_last_changed: 2024-10-09 data_built: 2026-09-18 publisher: Georgia Homeroom, a free public-interest project of Georgia Civic Data. Not affiliated with or endorsed by the Georgia Department of Education or any school district. up: https://georgiahomeroom.org/standards/math/high-school.md index: https://georgiahomeroom.org/standards/index.md --- # 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. - Subject: Mathematics - Appears in: High School, https://georgiahomeroom.org/standards/math/high-school.md ## 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. ## Georgia Milestones coverage No Georgia Milestones blueprint cites this standard. Source: Georgia Standards of Excellence, published by the Georgia Department of Education at case.georgiastandards.org.