suppose you can type 60 words per minute. what is the total number of words typed after 5, 10, 15, and 20 minutes?
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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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Hey There @Bre18016,
The answer is
The greatest value of 2,463.9051 would be the thousands place (2) simply as it is the biggest number out of the other places.
For instance, if we had the number 300, 3 would be the greatest value.
Or let's say we had 10,000 the 1 would be the greatest value.
Furthermore, you could look at the first digit in the entire number to deter mine the greatest value.