Which best describes the slope of the given line?
1 answer:
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Answer:
- exponential
- $57.25
Step-by-step explanation:
a) Each year, the price is multiplied by (1 - 14%) = 0.86. After t years, the price will be 0.86^t times what it was in the beginning. This function is an exponential function.
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b) After 3 years, the price will be ...
$90×0.86^3 ≈ $57.25
