The exponential formula for this situtation will be given by:
f(x)=ae^(-bx)
where:
a=initial price
b=rate
x=time in years
hence the formula will be:
f(x)=28750e^(-0.12x)
thus the value of the car in 2018 will be:
x=2018-2012=6 years
thus
f(6)=28750e^(-0.12*6)
f(6)=$13,994.13
Answer:
yes
Step-by-step explanation:
The price of Stock A at 9 A.M. was $14.72. Since then, the price has been increasing at the rate of $0.06 each hour. At noon the price of Stock B was $15.22. It begins to decrease at the rate of $0.14 each hour. If the two rates continue, in how many hours will the prices of the two stocks be the same?
The correct answer is A. 3x8=24, 5x8=40, and 6x8=48
Answer:
48 is the answer
Step-by-step explanation:
9*4 +. 6*2
36 + 12
48
