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

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asked May 1, 2023 144k views

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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 asked

by Pete Naylor

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1 Answer

7 votes

Answer:

1743.39

Explanation:

5000(1-0.1)^10 is the function

N M answered May 6, 2023

by N M

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