Answer:
The domain is the x axis from - 10 to 10 horizontal and the range is the y axis - 10 to 10 vertical
Answer:
Difference between in price of a car due to increase in VAT is $375.
Step-by-step explanation:
Since e have given that
Price of car = $15000
Rate of VAT = 17.5%
So, Amount of tax becomes
So, Total Price he has to pay is given by
but According to question,
Rate of VAT = 20%
So, Amount of tax becomes
So, Total price he has to pay is given by
Difference between both the price due to increase in VAT is given by
Hence, difference between in price of a car due to increase in VAT is $375.
The exponential formula for this situtation will be given by:
f(x)=ae^(-bx)
where:
a=initial price
b=rate
x=time in years
hence the formula will be:
f(x)=28750e^(-0.12x)
thus the value of the car in 2018 will be:
x=2018-2012=6 years
thus
f(6)=28750e^(-0.12*6)
f(6)=$13,994.13
