Question

The price of an emergency light is $375 and it decreased by

Answer 1

The price of the light as a function of x is given by the exponential function:

$p(x) = \ 375*(0.98)^x$

Which exponential model represents this situation?

We know that the original price of the light is $375.

This value decreases a 2% each year, so each year we need to multiply the above price by (1 - 2%/100%) = (1 - 0.02) = 0.98

Then, if x represents the number of years, the price of the light as a function of x is given by the exponential function:

$p(x) = \ 375*(0.98)^x$

if you want to learn more about exponential functions:

brainly.com/question/11464095

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