Question

A furniture store, Store A, is going out of business after 6 weeks and needs to sell everything. The sales team has decided that each week they will reduce the previous weeks price in half. You have found a monogrammed bedroom set for $1675.00 you want to purchase. Create a function that models this situation.

Answer 1

Answer:

The function that models this situation is:

$C(n) = \frac{1675}{2^{n} }, 1 \leq n \leq 6$

Step-by-step explanation:

Cost of the bedroom set initially = $1675.00.

Cost of the bedroom set after 1 week = $\frac{1675}{2^{1} }$

Cost of the bedroom set after 2 weeks = $\frac{(\frac{1675}{2} )}{2}$

$=\frac{1675}{2^{2} }$

Cost of the bedroom set after 3 weeks $=\frac{1675}{2^{3} }$ and so on.

Hence, the function that models this situation is:

$C(n) = \frac{1675}{2^{n} }, 1 \leq n \leq 6$.