433,073 views
38 votes
38 votes
Could someone explain this please?

Could someone explain this please?-example-1
User Jagadesh Seeram
by
2.7k points

1 Answer

12 votes
12 votes
For 35:
If the price starts at $25,000 and decreases by 15% each year, that means it is 85% of the value it was the previous year (100% - 15% = 85%). We write this out as an exponential function using the equation P(t)=p(r)^t where P(t) is the price function during time t, p is the original price, and r is the 85% we found. Plugging this in we get P(7)=25000(0.85)^7 which is about $8014, rounded to $8000. Therefore A is correct.

For 36:
We want to isolate y to have it by itself. First subtract 12x on both sides, then divide by 3 on both sides. We are left with y=2-4x. The slope is -4 and the y-intercept is 2, found by looking at the equation.
User Global Warrior
by
3.1k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.