A new car worth 30,000 is depreciating in value by $3,000 per year. After how many years will the car’s value be $6,000?
2 answers:
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Answer:
<u>Part 1</u>
<u>Sideways or "horizontal" parabola</u> with a horizontal axis of symmetry.
<u>Part 2</u>
The vertex is the turning point: (-3, 1)
<u>Part 3</u>
Vertex form of a horizontal parabola:
where:
- (h, k) is the vertex
- a is some constant
If a > 0 the parabola opens to the right.
If a < 0 the parabola opens to the left.
Point on the curve: (-1, 2)
Substituting the vertex and the found point into the formula and solving for a:
<u>Part 4</u>
Equation for the given parabola in vertex form:
Equation in standard form: