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The value of a new mountain bike declines exponentially. If the bike costs $5000 when it is new and loses 10% of its value each year, what is an equation that models this situation? f(x)=___(____)^x
asked
May 1, 2023
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The value of a new mountain bike declines exponentially. If the bike costs $5000 when it is new and loses 10% of its value each year, what is an equation that models
this situation?
f(x)=___(____)^x
Mathematics
high-school
Pete Naylor
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Answer:
1743.39
Explanation:
5000(1-0.1)^10 is the function
N M
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May 6, 2023
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N M
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