The answer for this problem is -8x+2
Answer:
$10452958
Step-by-step explanation:
Initial profit = $11900848
Fall rate= $48263 per year
Equation:
- P(x)= 11900848 - (x-1990)*48263,
where P(x)= profit at year of x, and 1990<x<2020
- P(2020)= 11900848- 30*48263= $10452958
<u>Answer</u><u>:</u>
<u> </u><u>First</u><u> </u><u>option=$13950 is correct.</u>
<u>Why</u><u>?</u>
<u>Total</u><u> </u><u>other</u><u> </u><u>cost</u><u> </u><u>=</u><u>$</u><u>1</u><u>5</u><u>5</u><u>0</u><u>0</u>
<u>1</u><u>0</u><u>%</u><u> </u><u>saving</u><u> </u><u>on</u><u> </u><u>other</u><u> </u><u>cost</u>
=10% × $15500
=$1550
<u>So total cost target on other cost for next month</u>
=$15500-$1550
=$13950
Answer:
Step-by-step explanation:
Since the value of the car decreases by a common factor each year, the decay is exponential.
An exponential decay function is of the form

Therefore, the function modeling the car's decay is:

We want to determine the car's value in two years.
When t=2

The value of the car in 2 years will be A(t)=$9109.10