15) A new BMW decreases in value exponentially after it is purchased. If a new BMW is valued at $55,000 and
1 answer:
The values of BMW after 2 years and 4 years according to the EXPONENTIAL FUNCTION are $33,462 and $20,358.28
Using the parameters given, we define an decreasing exponential function :
Where,
= initial amount ; r = Rate ; t = time ; A = final amount
Value after 2 years :
t = 2
A = 55000(1 - 0.22)²
A = 55000(0.78)²
A = $33,462
Value after 4 years :
t = 4
A = 55000(1 - 0.22)^4
A = 55000(0.78)^4
A = $20,358.28
Therefore, the value of BMW after 2 years and 4 years $33,462 and $20,358.28 respectively.
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Functions can be used to model real life situations.
The hose is 3.2 feet above the ground, at a horizontal distance of 4 fee
The function is given as:
At a horizontal distance of 4 feet, the value of x is 4
i.e.
Substitute 4 for x in f(x).
So, we have:
Evaluate the exponent
Open both brackets
Add -4.8 and 8
Hence, the hose is 3.2 feet above the ground
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