Question

The function f(x) = 18200 * (0.70) ^ 2 represents the values of a certain type of carx years after it is purchased Xavier states that the decay rate the value the car is 70%. Which accurately describes Xavier's statement?

Answer 1

Answer:

Step-by-step explanation:

Here the "common ratio" is 0.70.  At the end of the first year the car will be worth 0.70 times its original value; let's call that w1.  At the end of the second year the value will be 0.70*w1.  And so on.  The value continues to drop year by year, nearing but not equalling zero.

This type of function is a "decaying exponential."

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