70,000+9,000+30+1
Seventy thousand nine hundred thirty one
An exponential function can be expressed as:
y=ab^x we have two points so we can solve
64/8=(ab^4)/(ab^1)
8=b^3
2=b, now we have:
y=a(2^x), using point (4,64)
64=a(2^4)
64=16a
4=a so
y=4(2^x)
This is the concept of application of geometry and financial mathematics; To calculate for the total cost of the carpet we proceed as follows;
Total cost=[area of the carpet]*[price per square yard]
area of carpet is given by:
Area=πr^2
where;
radius,r=6 yeards
=π*6^2
=113.1 square yards
therefore the price of the carpet will be:
113.1*14
=$1,583.4