Peggy bought two racing cars for 5x dollars each and three model motorcycles for 3 eggs dollars each find the amount of money Pe
1 answer:
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<h2>Answer:</h2>
The graph is shown in the Figure below
<h2>Step-by-step explanation:</h2>In this exercise, we have an equation. On the left side we have a straight line with slope and there is no any y-intercept. On the right side, on the other had, we also have a straight line, but the slope here is
. Therefore, by plotting these two straight lines, we have that the solution is the origin, that is, the point
.
The value of a car after 10 years be $20898.27 if the car rental company assumes each car in their fleet depreciates by 6% per year option (a) $20898.27 is correct.
<h3>What is an exponential function?</h3>It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent
where a is a constant and a>1
We can solve this problem by exponential function:
The word depreciate means the price is decreasing.
We can find the value be when the car is 10 years old:
p = 38800(1 - 0.06)¹⁰
p = 38800(0.94)¹⁰
p = 20898.266 ≈ $20898.27
Thus, the value of a car after 10 years be $20898.27 if the car rental company assumes each car in their fleet depreciates by 6% per year option (a) $20898.27 is correct.
Learn more about the exponential function here:
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