Question

Baxter is thinking about buying a car. The table below shows the projected value of two different cars for three years.

Answer 1

Car 1: It is an exponential function that is given as P = 18,500 (0.9595)ⁿ and the price after 10 years is $12,235.5.

Car 2: It is a linear function that is given as 2000x + 3y = 55500 and the price after 10 years is $11,833.33.

And Yes, there is a significant difference.

What is a function?

A function is a statement, rule, or law that establishes the connection between two variables. In mathematics, functions are everywhere and are necessary for constructing physical connections.

Baxter is thinking about buying a car. The table below shows the projected value of two different cars for three years.

Car 1 (value in dollars)

Year 1: 18,500

Year 2: 17,390

Year 3: 16,346.60

Car 2 (value in dollars)

Year 1: 18,500

Year 2: 17,500

Year 3: 16,500

The exponential function describes car 1.

Then the function will be

$\rm P = 18500\times (0.95995)^n$

The linear function describes car 2.

$\rm y \ - \ 18500 = \dfrac{-2000}{3}(x - 0)\\\\\\3y - 55500 = -2000x\\\\\\2000x +3y = 55500$

Then the value of the car 1 after 10 years will be

$\rm P = 18500\times (0.95995)^{10}\\\\\\P = \ \ 12,235.5$

Then the value of the car 2 after 10 years will be

$\rm 2000 \times 10 +3y = 55500\\\\y = \ \ 11,833.33$

Yes, there is a significant difference.

More about the function link is given below.

brainly.com/question/5245372

#SPJ1