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The value of a boat, in dollars, x years after its purchase is represented by the function.

f(x)=10,000(0.73)^x



What is the average decrease in value per year between years 1 and 2?

2 Answers

6 votes

Answer:

The correct answer is $1971.

I just took the test and got it right.

The value of a boat, in dollars, x years after its purchase is represented by the-example-1
User Purvis
by
7.8k points
6 votes

Given the function f(x) = 10000(0.73)^x

Where y is The value of a boat, in dollars, x years after its purchase
at x = 1
f(1) = 10000(0.73)^1
f(1) = $7300
at x = 2
f(2) = 10000(0.73)^2
f(2) = $ 5329
so the decrease
D = $7300 - $ 5329
D = $ 1971
User Nikhil Savaliya
by
7.8k points

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