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(Don’t mind the one that is already circled )I just need a brief explanation with the answer

(Don’t mind the one that is already circled )I just need a brief explanation with-example-1
User Stocked
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1 Answer

5 votes

Solution

After examining the table and the options, the model equation can be found by picking one value for x in the table and determining if it will give you f(x)

x = year of purchase

f(x) = value of the car

For this test we will use x = 2 and f(x) must be = $9600 or it is wrong

1) f(x) = 15000(0.08)^x

f(x) = 15000(0.08)^2

f(x) = 96

This is wrong

2) f(x) = 15000(0.8)^x

f(x) = 15000 (0.8)^2

f(x) = 9600

This is the required equation since f(x) = 9600

3)

User Peter Mogilnitski
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